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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (5814)6/26/2001 11:31:26 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
re: ALLY

Only 6mil share in the float and 800k short! Could be a nice squeeze pop there and then she should fall very quickly. (Of course, one never knows what the exact curret short interest is. Perhaps many have been squeezed out recently.)



To: JRI who wrote (5814)6/26/2001 11:34:42 AM
From: Moominoid  Respond to of 209892
 
Short interest is 13% and institutions are buying strongly. Positive operating income for 4 years. 4 quarters of positive earnings. So there is some TA and some FA. But yes it is an enormous increase in price 1400% in 52 weeks!


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