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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: RockyBalboa who wrote (1133)12/20/1998 12:04:00 PM
From: xcr600  Read Replies (1) of 122087
 
Christian,

question on NAVR. Why do the converting shareholders convert at 10 when they could let momentum run this thing to 40? With all the shares that are short, could make for a large squeeze. No one has shares to short. Do you feel the convertible holders are short as well to hedge their poisition? I just don't understand why they woulnd't let the stock run more. This would be the only thing that makes sense to me.

x

p.s. looks like some inet stocks are poised for a breakout again- ONSL,YHOO,CMGI(already did)..
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