SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : OCCF: Optical Cable Corp
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Matt Kaarlela who wrote (355)2/10/1997 3:40:00 PM
From: redbird   of 545
 
I bought this one as a high risk, high gain stock. I am right at even now, but still hope that some of the reasons I took this gamble are in play.

1) Short Squeeze. 30% sold short in a stock with low volume. OCCF was going to move to the NYSE and get more analyst to cover the stock. This was to force shorters to cover and drive the price up due to lack of float.

2) Strong growth. Continued above average profit and sales. They pulled this off last year, and I hope the run up today is tied to expectations of continued growth. They have a good product in a growing industry. This is the reason I credit with todays increase.

If there is a kindly, intelligent Trader out there who would like to shed more light than guess on the subject, I and others are listening.

Redbird
Only the Shadow knows.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News