Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 177.80

-2.6%

Nov 25 3:59 PM EST

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To: William G. Murray who wrote (6893)	1/30/1999 1:12:00 AM
From: HRAKA	Read Replies (2) of 56535

Mr. Murray, I am short PRFM and have been lining it up for a couple of days. I might can give you some enlightenment on why short today if you have a moment. There is a limited number of shares that the public may short, that being equal to at maximum the number of outstanding shares but more likely the float. Therefor since PRFM has a float of about 3.5 million (BTW- 1.9 mil is incorrect) there are not many shares out there to borrow. IF I wait until even the idiots know when PRFM is a sure short (likely Monday possibly Tuesday) there will be no shares for me to short and I have then missed an opportunity that IMO is a sure thing. I have the money to ride this WAY up so a possible gap up Monday and a further ride is not a problem. It is not as easy to short as most people think because it is sometimes very hard to get shares. Good luck and don't wait too long to get out. Hraka

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