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Technology Stocks : Avtel Communication (AVCO)
AVCO 2.120+2.4%Oct 31 3:59 PM EST

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To: LTK007 who wrote (51)11/12/1998 8:27:00 PM
From: Richard B. Haenisch  Read Replies (3) of 461
 
Max,

<<As of Sept. 8th there were NO shorts on this stock--and this happened so fast I doubt many got a chance to short it today--I see no short squeeze here...>>

YOU ARE KIDDING, RIGHT!? WHAT DO YOU THINK DAYTRADERS DO ALL DAY?

THEY HAVE BOUGHT AND SOLD THIS STOCK ALL DAY FROM $4 ALL THE WAY TO #31

Max, my friend, you need a reality check - Over 25% of the daily NASDAQ volume is because of DAYTRADERS!!!

There is A HUUUUGE SHORT SQUEEZE GOING ON!

I can't wait for tomorrow!!!!!

Rico

P.S. Good luck to everyone!
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