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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: manny t who wrote (1727)1/15/2001 3:16:00 PM
From: John Liu  Read Replies (3) | Respond to of 6445
 
Anyone have any thoughts on what happens immediately the next trading day when a stock(XIRC) that is heavily shorted(2.6M Shares) gets a buyout offer from a reliable buyer(Intel). Does the price jump over the listed purchase price($25) because of shorts having to cover? Any thoughts?

Thanks,

John