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To: chowder who wrote (2901)4/5/2001 1:11:37 PM
From: JungleInvestor  Respond to of 23153
 
Careful, Dabum, it may be short covering that is causing the run today. There are more than 1 million shares short, 3% of total shares. Only news I could find is following (MVK doing better than the techs on the NYSE):

5 Biggest NYSE Percent Winners
Name Price Change %
Maverick Tube (MVK:NYSE - news) 20.75
3.45
19.9%
Dean Foods (DF:NYSE - news) 37.55
5.05
15.5%
BMC Software (BMC:NYSE - news) 21.95
2.87
15%
Cypress Semiconductor (CY:NYSE - news) 15.92
2.01
14.5%
Lucent (LU:NYSE - news) 7.64
.89
13.2%



To: chowder who wrote (2901)4/5/2001 1:13:51 PM
From: Tommaso  Read Replies (1) | Respond to of 23153
 
Well, maybe you might get a short-term profit shorting MVK. I am holding it long, though I must say, since it's in an IRA, I am tempted to sell and try to buy back cheaper.

Looks to me as if the energy situation is going to require a lot of their product.


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