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.
Microcap & Penny Stocks : GTCI - get in before the news hits

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ztect who wrote (863)2/24/1999 2:54:00 PM
From: A_Greenwood  Read Replies (2) of 1541
 
Who is winning the battle? In my opinion the longs are winning. From my viewpoint and probably anybody else tuning into this thread there are definitely two sides: the people that hold the stock (longs) and the people that sold the stock short(shorts). This seems to have created a nasty tug-of-war. But the fact remains,the stock has held it's ground through all this bashing, trading at $1 3/8, which is not far from it's 52 week high of $1 11/16, this tells me there is good support for the stock and that for all the shorts efforts they have come up short. (Ha! no pun intended). Also shorts have to cover their position eventually by buying the stock back. Remember all the articles of people trying to short Yahoo,Amazon and other internet stocks only to have to cover at much higher prices. The question is: At what price will the shorts cover?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext