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

To: golfnut777 who wrote (15941)5/17/2001 12:25:12 PM
From: Zeev Hed  Respond to of 30051
 
I do not expect a squeeze, there was an increase of a million shares in the short interest sometime after SCON granted a warrant (with PO) to buy a million shares at $4/share. If I held that warrant when the stock was in the $6 to $9 range last November, I would have sold short against those warrants, so that might be an explanation. I doubt the real naked short position is much greater than 1.5 MM shares.

Zeev


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