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Technology Stocks : MicroStrategy Inc. (MSTR) -- Ignore unavailable to you. Want to Upgrade?


To: coachbobknight who wrote (404)3/14/2000 6:20:00 PM
From: coachbobknight  Read Replies (3) | Respond to of 717
 
to better explain how mstr's valuation could have ever grown so large for such a marginal company, one need understand only one thing...

this stock was heavily shorted by hedge funds and retail guys in the 175-200 range...it has been their painful covering that has pushed and held this stock up here in the stratosphere...

pilgrim baxter has dumped their position...i am sure there are others who have sold...money flow has turned negative...

game over...

yours with a chair,

coach knight