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Strategies & Market Trends : Shorting stocks: High fliers

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To: Q. who wrote (653)3/5/1999 6:21:00 AM
From: RockyBalboa  Read Replies (1) of 709
 
John,

re BFLY. I'm quite surprised that BFLY is still a theme at all. Ie.when I left my warrants short and finally BFLY settled lower near new years eve, I thought it is all said and done. Actually I had no grip of any reason for a pump, in contrast to earlier times when the warrants "had to be" called. Any stock-price linked intra company events outstanding?

(My expecience is that concentrated news releases and hefty stock price surges seem to have a purpose in terms of options exercise, warrants call or insider selling, if you consider SKYM, DBCC, RMII, or also BFLY earlier.)

If not, what is the reason?
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