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Technology Stocks : SEVL

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To: James Veteto who wrote (225)3/5/1999 4:30:00 PM
From: hoffy  Read Replies (2) of 703
 
They'll be a lot of hype and bashing this weekend. There are a lot of shorters out there. Just read Anthony's thread and you can see all of them. I wouldn't touch it short here only because people will read the news over the weekend and try to get in on Monday. There are no shares available to short in most places so it could be in for a nice squeeze that takes this over 10 again. Then it might be a good short but at these levels I wouldn';t touch it short. Too much risk of this going crazy to 10 ior 15 or higher on a short squeeze. The reward is only a point or so to the downside. I'd rather short it after the squeeze at a nice fat price. If it never gets there then I wouldn't touch it.
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