OCCF: Optical Cable Corp Message Board

STOCKTALK

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.

Technology Stocks : OCCF: Optical Cable Corp

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Matt Kaarlela who wrote (386)	2/17/1997 7:06:00 PM
From: PHIL L. FARRA	of 545

NOW IS THE TIME TO BUY OCCF !!!! Last weeks surge in volumn and share price can probably be attributed to increased visability, attracting new shareholders with short term traders adding to the volumn because of the sudden momentum. I seriously doubt that any shorters were clearing their position. This stock has been at + or - 11.00 for the past several weeks. If shorters were going to clear, they certainly would have been clearing when the price was low and with low volumn. Typically shorters are not buying on an upsurge, rather they will wait hoping for the stock to soften some, trying to take advantage on the downside. The short position has been at + or - 750,000 shares for several months. Why would many of them suddenly decide to bail on a 4 day rally of 4 or 5 points. I think we will find very little if any decrease in the short position when the results are released soon. If we find this to be true, it presents a very key opportunity for us all NOT TO SELL our shares to those wavering shorters. THE UPSIDE POTENTIAL at this point will be VERY STRONG. Buying and Holding Long will only fuel the "INEVITABLE SQUEEZE". Waiting patiently: Phil

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next