SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Avtel Communication (AVCO)
AVCO 2.120+2.4%Oct 31 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LTK007 who wrote (51)11/12/1998 9:27:00 PM
From: Don Pueblo  Read Replies (4) of 461
 
I humbly disagree. What you saw today from 12 (when Joe Kernan mentioned it), to 34 (which is where it traded after 4:00) was the nastiest short squeeze I have ever seen. Some people were short, I know one of them. I don't know how he shorted it, and I don't know where, and I don't know how many shares. I know he lost a fortune.

After hours, before it was halted, the bid was around 33 and the ask was 50. That's right, 50 bucks.

That was a short squeeze. That was the short squeeze.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext