HAUP - Hauppauge Digital Message Board

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Technology Stocks : HAUP - Hauppauge Digital

HAUP 0.0139

-10.6%

Oct 21 2:34 PM EST

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To: telebob who wrote (495)	5/22/1999 4:55:00 PM
From: Bruce McGaughey	Read Replies (1) of 1149

How are you people going to short a stock with 2 million float. You will be at the mercy of day traders and fund managers. Think about it, it does not take much to move this stock another 10-15 points, a minor short squeeze will make this company move to $40-$50 range. Just be carful with shorting a low float company. > Very good point. The only thing I'd really worry about is a short who accumulated a sizeable amount of stock on Friday. In that scenario, the stock will move up a point or two at the open, the short takes his position, and then dumps a big chunk to get the slide going. Then, they dump more chunks as the stock recovers, forcing the price lower. So...who's holding the big cards ??? There was HUGE volume in this stock on Friday. Someone could have accumulated a whole bunch. Brasco, /kl1b, and the other shorts: How much are you guys holding ??

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