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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Bruce A. Brotnov who wrote (5681)12/8/1999 11:05:00 PM
From: Rita  Read Replies (1) | Respond to of 6445
 
1/9 of its floats (8.9M) were traded today!
According to Thomson RTQ, there are about
4M shares shorted as of 11/10/99.
It will be one big squeeze when it happens.
Thanks, Burce.



To: Bruce A. Brotnov who wrote (5681)12/9/1999 10:09:00 AM
From: James Wright  Read Replies (2) | Respond to of 6445
 
SFP break out!

I hope you all heard the news about Salton's newest product -- the George Foreman Squeezer. You put in 4 million short shares, then squeeze to create a new drink -- the long delight.

More seriously, it looks like the long awaited (no pun intended) short squeeze has begun.

I bought at 12, and loved seeing it hit 34 this morning. Frankly, I see the price doubling from current levels next year.

-- Jim