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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Jane4IceCream who wrote (15284)3/4/1999 1:46:00 AM
From: Junkyardawg  Read Replies (2) of 90042
 
Jane I have just begun to look at NOVL.
Please educate me in the following areas.
I don't like NOVL for the following reasons and I
hope you can correct me on them.

1.Only 8 % owned by insiders
2.Very large short interest. I know these shorts will
have to cover but my thoughts are why did they short in the
first place?
3.Did I read this right Shares Outstanding 337.8M.
That is a very large amount of shares. Also Float 310.8M.
That is a very large float.
4. The price seems very high at these levels $20+ compared to
the recent history. Unless there is a strong rumor of a buyout.

Thanks Dawg
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