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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (18947)	8/6/1999 2:52:00 PM
From: AlienTech	Read Replies (1) \| Respond to of 43080

IVIL has a short intrest of like 1.5 mil, with a float of 3.5 mil. Went IPO @ 24. The shorts are expecting the insiders will dump on 9/14 when holding period ends. I would wish them luck. 50% of the float is short? How are they going to cover without causing a huge short squeeze unless the internet really dies! Dont think anyone holding it on margin is still alive. I do see some short covering But its a stock that can fly with 5K of buying, let alone 1 mil share buying.