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Technology Stocks : Micron Only Forum
MU 223.79+7.9%Nov 24 3:59 PM EST
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To: wily who wrote (40521)10/29/1998 10:28:00 PM
From: surfinSteve  Read Replies (1) of 53903
 
There's no shortage of MU shorts:

bigcharts.com


Ranking:  26  
Ratio:    16.78%  
Shares:   35,763,040


This would imply (to me) that after the buyers on fundamentals are done driving this stock up, and the momentum players also get tired of their great profits, the shorts will lend a hand by covering in total panic, and by then who knows how high MU will be?

Today's great move up with very heavy volume does not look like the end of a run. Bears beware!
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