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To: blankmind who wrote (24)7/10/1999 9:05:00 AM
From: Zeev Hed  Read Replies (3) | Respond to of 48
 
Blankmind, in these floorless one always sees intermittent run ups, the reason is very simple, the floorless want more money, they cover a little of their short let say in the $4.5 to $5 area, that generate enthusiasm, particularly if "good news" like patent issuance is pending, and then when the stock is up some 20% to 40%, the floorless bandits short it again and it goes to a new low. A very dangerous game if you are on the long side of this. The stock could go to $1 or lower if the floorless continue. Remember, if the bandits execute their plan correctly, every time the stock is halved they make another 50% of the original amount they lent.

Zeev