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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: WebDrone who wrote (10604)7/6/1999 3:59:00 PM
From: TRIIBoy  Respond to of 18998
 
It is my belief and several other short sellers opinions that short sellers do much more research than longs. Therefore if you see a high short interest, that means that a bunch of short sellers are in agreement, which is like a double negative for the stock.

You will read and hear longs talk about about horrible short squeezes and they happen, but usually a company with a high short interest goes down. Mr. P&nk would no doubt agree.



To: WebDrone who wrote (10604)7/6/1999 6:20:00 PM
From: xcr600  Respond to of 18998
 
Stocks that have a high short interst for a reason- they stink. However, patience is usually required for these type of shorts. They also can be squeezed fairly easily due to the higher s/i. CYOE was a recent, finally falling towards where it belongs. Other crowded shorts are ZONA and IRID. ZONA has fallen from 30+, while IRID is starting once again to suck wind.

If you're not a patient person, then it is best to avoid these shorts. They can try your nerves, as you know the company fundamentally stinks, yet they do all they can do to keep the stock up.

x

p.s. Welcome back Mr. P!nk. This thread is in need of some serious shill butt kicking!



To: WebDrone who wrote (10604)7/7/1999 12:55:00 AM
From: Mr. Pink  Read Replies (1) | Respond to of 18998
 
There is a famous MIT study by the dean of the Sloan school that studies stock performance of stocks with high short interests. Its conclusion is that such stocks actually underperform the market.

MP