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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (37369)2/22/2000 1:15:00 PM
From: Matrix_Man  Respond to of 93625
 
If shorts were covering, surely shares would be available to short?

Steve, I don't quite understand this. If shorts are covering (net) then the number of shares in the "effective float" (my term) would be decreasing. If long demand was unchanged the price would have to rise to fill the short covering.

But whether the shorts are covering or not, I don't see that that has to do with availability of shares to short.

All this thinking is hurting my head! But I like that fact that it is going up.

Zeev - any price targets?