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Technology Stocks : RMII

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To: Bald Man from Mars who wrote (213)12/29/1998 5:36:00 PM
From: Tradegod   of 345
 
We could see the mother of all short sqeeze's tomorrow!

Stock tanked so fast, it had to have encouraged some heavy shorting. Strangely the volume died and after dipping to 17 7/8 in the first hour, traded between 18 and 19 all day until the last 20 minutes. The final dip was on about 250,000 shares.

There could very easily be several million shares short that haven't covered yet. If it gaps up (which could happen given INKT's split announcement after the close), we could see a short trap. I know, I've been through enough of them with AMZN.
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