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Technology Stocks : Commerce One Inc - (CMRC) -- Ignore unavailable to you. Want to Upgrade?


To: 10K a day who wrote (300)12/27/1999 2:56:00 PM
From: HoyaBob  Read Replies (1) | Respond to of 1938
 
Short Squeeze? What else can explain this phenomenon? Perhaps some institutional buying as well? Does anybody see large blocks trading? I don't have access to Level II, etc.



To: 10K a day who wrote (300)12/27/1999 10:03:00 PM
From: byhiselo  Respond to of 1938
 
damn man, hope you have

some margin to back you up since any pullback on this one
will be bought up (short covering included), not saying its
right or justified but CMRC is trading on future potential
and no growth fund manager wants to be left out

1/3 the float was short going into today, crazy
anyway, i would expect a dip between now and end of next
week, use it to cover your position since it may be the last chance you have for a while

i can imagine many shorts praying for CMRC to go below 200 so they can cover, hope they get the chance but don't see it falling much below 190, cut your loses, cover and go long

CMRC is headed to 30B market cap and in a bloody hurry imo

cheers and best of luck