Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: quidditch who wrote (811)	5/9/1999 4:37:00 PM
From: AJ Berger	Read Replies (1) of 15615

GBLX Short Position is due to Arbitrage further investigations of this stock lead me to believe that this stock will not be squeezed in the traditional sense, and that most of that Short position is fixed and will not be covered to further driving up the stock price. Over a price of $50 GBLX is getting ahead of itself, and only now are the retail shorts joining the Arbitrage'rs. I think I will wait for a major market correction to help balance these forces on this stock. I hope to post more DD when I see enough direction for investment worthy proofing.

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