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Technology Stocks : SHRP: The Sharper Image, Profitable making $ on Internet!

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To: Craig Rogers who wrote (129)1/2/1999 9:26:00 PM
From: Kenneth Yeh  Read Replies (1) of 353
 
There are half a MILLION SHRP shorts reported on 12/15/98.

Check it out for yourself.

viwes.com

Input SHRP at the text field and you will see 502,290 shares short in SHRP as reported on 12/15/98. There are only 1.90 million shares floating on SHRP. That means over 1/3 of the float has been shorted!!! (Can someone say SQUEEZE??) I think the next big news release will rocket us into the 30's. With such a small float and a large short position, this is a very bullish indicator. We don't know how many shares have been shorted from 12/16/98 - today. I estimate we probably now have around a total of 700,000 shares of SHRP short based on volume and stock movement in the past two weeks.

I believe we'll see some press release on the holiday sales from SHRP in the next week or so. Let's all hope that is the case.

-Kenneth
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