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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?


To: emil who wrote (2525)6/11/1999 4:20:00 PM
From: Joe  Read Replies (2) | Respond to of 4140
 
I think the shorts have taken their best shot with the Sturza and Avalon reports. My guess that 1/2M to 3/4M short shares were covered today. The squeeze begins early next week. It is interesting that the end of the short reporting period was yesterday. This means that the next short numbers we see published will probably not be less than the 3.6M we saw the last time, maybe even more.

I have been buying a lot over the past couple days. I feel a little guilty taking money from the weak hands and those with stops in place but the shorts put one hell of an effort to get us down here, so why not take advantage of it.

Hope no one here got stopped or was shaken.

Good luck to all.

Joe