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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: sam who wrote (86797)3/17/2000 1:56:00 PM
From: If only I'd held  Respond to of 108040
 
Well, I can tell you the short in TRGA at 6-7/8 must have been counting on that. He hasn't covered anywhere near what he shorted and he lost on that so far. Best I can tell, he has a long way to go to cover.



To: sam who wrote (86797)3/17/2000 2:12:00 PM
From: If only I'd held  Read Replies (2) | Respond to of 108040
 
You know....if you think about it...CEGE....it almost has to be shorts fighting it. Likely market makers trying to keep it down to cover by naked shorting it. It would be interesting to see what the chartists and TA folks think on this one. Because like you said, this stock hit a bottom of 25 and change yesterday and sprung right back up. I can't beleive there is this much scalping going on in this stock. I bet you the short interest is huge in this one. In a week or so, it will be public knowledge.