AMEN Looks Pretty Good Message Board

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Microcap & Penny Stocks : AMEN Looks Pretty Good

AMEN 500.01

-0.8%

Dec 12 9:30 AM EST

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To: SellShort who wrote ()	2/26/1999 10:26:00 AM
From: Pete Mason	Read Replies (1) of 627

Just got caught up with my WSJ's, and read about short interest... short interest in AMEN dropped procipitously (sp?)... a whole lot, from Jan to Feb. I think it dropped something like 90%!! So almost everyone who was short the stock covered (except me). From a short's point of view, that's interesting because it means a fair amount of buying in January was due to short covering... this short covering is now over because there are scarcely any short shares left out there, so buying interest should fall off correspondingly. From a long's point of view, I guess you could say no one thinks the stock's going to drop much further?? FWIW, -- Pete

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