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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brubaker who wrote (5745)10/2/2000 10:44:24 AM
From: Zeev Hed  Respond to of 30051
 
Could very well be, but that should have happened when we had that 20 MM shares plus volume at much lower prices. If it breaches $8.5 you know that might ave been it. I thought that a large portion of the huge short position was part of an hedge, but last month, that position got even greater.

By the way, I just doubled up at $10-5/16 assuming that the strength is real and that indeed even at this price, RDRT is selling at a PSR of only 1.

Zeev