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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: sommovigo who wrote (5721)	8/17/2000 12:29:33 PM
From: Land Shark	Read Replies (1) \| Respond to of 19428

When they do this, they make a call that the issue is way overpriced and normally could not sustain these levels, short sellers or not. You confuse causation vs. correlation. The correlation is that short sellers get in when a stock goes parabolic and the price correspondingly corrrects. Do the short sellers cause it? Don't forget there's a host of longs taking profits too... So the causation isn't entirely the short sellers. Don't forget that shorts have to cover to and offer support and often momentum. The word gets out that this trash issue is going parabolic and shorts pile on. The open short interest spikes. Momo players try to force a "squeeze" and often succeed driving the price up even further. This happened for over a year with AMZN. You my friend are the coy and naive one. If a company has merit, their story is true and sound, then the financial state of the company should improve and grow along with the stock price. It's as simple as that. I've one final piece of advice. Stay away from small cap issues.