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Technology Stocks : Able Telecom (ABTE)
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To: Dr. Seuss who wrote (526)2/23/1999 10:06:00 PM
From: Questerr  Read Replies (2) of 700
 
D. Seuss - Shorts lost the battle today, oh well. You got the stock all the way down to $6.25, but sheer buoyancy brought this puppy right back up to $7.50 with over a million shares traded. I can't tell you how excited I get knowing some of those sells were short, and knowing that many more shares will have to be covered. As the short position grows, I get more and more bullish.

Why do the shorts find it unusual that a company whose sales have grown to over $1 billion in a short period of time, resulted in a delay of filing financial statements to ensure their accuracy? Must be tough going through life as a cynic. Have you ever had the experience of growing a business, or just tearing them down? I hope you don't lose too much - what price(s) did you short at anyway, so those of us long can keep track of your losses for you?
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