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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: MartyS who wrote (9736)12/7/1999 10:49:00 AM
From: Diamond Jim  Respond to of 13953
 
if you look at this one, I think it shows shorters are drawn to a stock as it goes lower as longs are drawn to a stock as it goes higher. That's all wrong, shouldn't you buy when low, short when high?
I tell you what I am going to do about it, if we go below 25, I am buying more.

viwes.com



To: MartyS who wrote (9736)12/7/1999 11:27:00 AM
From: Esway  Respond to of 13953
 
High short interest just means more volume coming in during a strong rally like EGRP,AMTD,NITE had a few weeks ago. The relentless shorters will just give us the push we need to break through 40 when they start to cover during the next big rally in OLB's.......Trading revenues should be very good in the up coming earnings report in late January. Let the shorts keep adding more fuel for the fire. Then we just need that spark to set things off. Good luck.

EW



To: MartyS who wrote (9736)12/7/1999 5:29:00 PM
From: 10K a day  Read Replies (1) | Respond to of 13953
 
Hi Marty.
I think a Growing ARB position shorting EGRP and Buying TBFC.
With Conversion 1 to 1.05 the only Risk is that the deal doesn't go through.... -- and the time involved of course.

What is the termination clause...Does that constitute enough 'good faith' ?? ....