SI
SI
discoversearch

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.
Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: J.Y. Wang who wrote (3970)11/4/1999 8:36:00 PM
From: Ocean_Joe  Respond to of 19428
 
"the more POS the stock, the higher it goes.

Any comments?"

The more POS the stock, the greater the existing short interest.

We all know that sidelined money is flowing back into stocks, causing prices to rise. That triggers short covering. That triggers momentum buying. And so the higher it goes . . . .




To: J.Y. Wang who wrote (3970)11/4/1999 11:00:00 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 19428
 
Yup, that's exactly right: the more spec, there is the higher they go.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News