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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (2100)7/30/2000 7:28:18 PM
From: Softechie  Respond to of 4155
 
Hint: When short-sellers going all out to create a death of a company, that's the time to buy because you know they will starting to cover. Check out money flow stats at the $5's and $6's level. Now they're hovering around $8's with more shares shorted. Which is telling me plenty of shorts averaging up including many of our friends here. If Irwin Jacobs can pull this shorts squeeze off, it will be a very spectacular fireworks. But he has to coordinate with Gary Wendt and investment communities.

I have doubt that he will coordinate a counter offensive attack on shorts but when is the question. He may want to lull them into a confidence state for them to even loading up more and then cut the legs out. At this state, I think Shorts are having bigger stake to get burned then the Longs.
If I were short-sellers I would cover 50% of my position. Irwin Jacobs is a very dangerous man to short-sellers.



To: Softechie who wrote (2100)7/31/2000 1:47:25 AM
From: Mama Bear  Read Replies (3) | Respond to of 4155
 
Res ipso locutor.

Regards,

Barb