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SATH HAS ITS NEW BASE AT $24-$26, LOOK FOR STOCK CLOSE ..
by: glacierPSA10 15682 of 18592
ABOVE $30 will hit $38 PRIOR to the news announcement.
SATH never previously had more then 30,000 shares short.
It suddenly jumped up to 280,000 shares short as of 1/15/99 and now is probably over a million or 2 million shares short.
The higher the short position, the better it is for the stock, and the faster the price increase. AT SOME POINT IN TIME, A SHORT HAS TO BUY BACK THE STOCK.
I find it difficult to believe any short would wait till after 2/10 to cover, so we will see it creep back up prior to 2/10.
The shorts want as low a price as possible to cover, if the longs do not sell, not only wont the shorts get the low price they crave, but there will be a short squeeze which will exponentially increase the price when it occurs.
Chicago Board of options does NOT have SATH options, so the only way a short can short SATH is to do it the old fashioned way. This will create a big spike up for SATH
I personally purchased an additional 1000 shares of SATH at 21 3/8. You know i dont bullshit, you know i tell the facts, and not a single iota of anything i told you in the past was not true or didnt come true. If you sell SATH prior to the national TV coverage on 2/10, you will put a bullet through your head later that day
-UPDATE- BASED ON NEW INFO ON SATH, I PURCHASED 6000 MORE SATH THIS AM AT AVERAGE PRICE OF $26.50
MARK MY WORDS, THAT WILL TURN INTO ADDITIONAL $150,000 PROFIT FOR ME!
Ouch.....
-Ritz
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