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


To: Sabrejet who wrote (38997)3/28/2000 8:36:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Actually, the shorts are not so "dumb", if you look up at the LEAPS for RMBS, you will see their imprints from $40 to $100 (covering a total of close to a million shares) and then they rested until about $200 and their imprints appears again at well determined intervals covering another million shares. Nevertheless, that leaves, IMHO a good 2.5 MM shares shorted, a good million of them under $100, and if we roam through $430, another short squeeze could catapult us to $650, IMTO. Ya, it is a great trading stock as well. This particularly in view of additional shorting here between $320 and $380, IMHO.

Zeev