Baan (baanf) Lets TALK!!! 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 : Baan (baanf) Lets TALK!!!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ALTERN8 who wrote (785)	4/30/1999 1:30:00 AM
From: Furry Otter	Read Replies (3) of 821

Check this out: tscn.com See the section under the chart--shows BAANF is poised for a positive breakout. Now check this out: viwes.com BAANF has a short position vs. average daily volume ratio of 28.46--by far the highest ratio of any NASDAQ stock (which is saying a lot). I think this is a short squeeze in the making. I think the short sellers were hoping Baan would go bankrupt--but the recent earnings report indicates that Baan will not. At some point, the shorts will have to cover, and I think institutions and others will force the issue very soon by buying shares, fast. I would not say this is a long-term play (the revenue recognition crap is very troubling, but it helps if the Baan brothers are truly out of the picture--now the company should consider a name change), but as a short-term, gap up kinda thing, it could actually work. BTW, I am not short or long this stock, nor do I intend to be. I'm too chicken to actually invest my money in this stock. I'm just curious as to whether I am right. Obviously, all the forward looking caveats apply. We shall see... Best regards, Otter

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next