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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: surelock who wrote (532)6/27/1999 2:21:00 PM
From: Zeev Hed  Respond to of 1438
 
It could be under pressure for a number reasons, and it could start earlier than the 90 days, simply because hedging is riskless anywhere above $24. I really need to study this one better to see if there are some other reasons that might be holding it out. Long term it should be cooked, IMHO.

Zeev



To: surelock who wrote (532)6/28/1999 2:47:00 PM
From: Dr. John M. de Castro  Read Replies (1) | Respond to of 1438
 
TMSR short interest increasing. Boy is that a surprise :-)

John de C

Month Shares Short Avg Daily Volume Ratio*
06/99 621,632 49,656 12.52
05/99 517,428 104,686 4.94
04/99 497,897 153,679 3.24
03/99 480,486 47,512 10.11
02/99 441,113 109,922 4.01
01/99 263,539 182,451 1.44