Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: ecommerceman who wrote (7660)	7/2/1999 1:49:00 PM
From: Tony McFadden	Respond to of 11417

Now, now ecomm... bad is relative. There is bad news coming ... if you're short. [edit: and I'm not saying you are] Tony

To: ecommerceman who wrote (7660)	7/2/1999 2:48:00 PM
From: Harold Lehman	Read Replies (2) \| Respond to of 11417

I'm glad we finally FLUSHED OUT the idiots. We now know who they are and where they're from, and we can go to their turf, as they have probably been doing to us for over a year (remember montu et al?). On a more salient note remember how the volume of trading of WAVX expanded at the upper limits of its range Wednesday afternoon, and the stock wasn't moving? I think a lot of short selling was occurring at these levels, and I think that that is good. Why? Because I think institutions did most of the buying, in other words their stock won't go into margin accounts which can lend the shares out. Since there's a three day settlement period, ending this Tuesday, I think the shorts may be desperate to cover their positions soon since they will probably get called for much of their borrowed stock. So you short sellers reading this have a really good weekend. Regards, Harold