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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC

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To: Ed Don who wrote (669)5/8/1999 11:41:00 PM
From: Questerr  Read Replies (1) of 1150
 
I find it quite interesting, the short crowd is already covering in the $14 range - what a whopper gain! I guess the stock didn't trade as expected, spike up and a slow retracement down. Maybe, just maybe, there is a "real" story here, and Apollo management didn't foolishly invest $75 million.

Shorts are abdicating to the longs for their "short"-sightedness and backwards perspective - SEC filings do not hold clues as to what the future holds for ever changing, fast growing I-net companies. Further, shorts fail to recognize a price of a stock incorporates all public information at any particular point in time (which includes 10K's, etc.). Do they really think they are able to turn up things from these documents other investors (including longs) can't find?

To Anaxagoras's credit, at least s/he admitted to covering. I would declare if I held a long/short position in RRRR - presently I do not - my statements are not financially motivated! We will see whether the shorts stick to this board after attempting their quick score. Maybe they will surprise me and reveal that there is in fact more to their idle chatter, than financial motives.
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