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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Sharck who wrote (33395)8/22/2001 11:51:36 PM
From: JustTradeEm  Read Replies (1) | Respond to of 37746
 
CIEN .... agree ... massive new shorts in this one that will have to cover quickly ...

Let us know how the room's playing it .... JB



To: Sharck who wrote (33395)8/23/2001 12:30:12 AM
From: mishedlo  Respond to of 37746
 
No chance.
Biggest short squeeze ever.
On that cap and float????
In this market?

RMBS from 65 to 400 in a couple months was biggest squeeze ever. PMCS squeeze got it from 26 to 37 or something like that. This will do no better. In fact, I would not be surprised to se it at 12 soon. Someone sold 40,000 puts on inside info. I hope they choke on them.

M



To: Sharck who wrote (33395)8/23/2001 3:14:04 AM
From: mish5000  Respond to of 37746
 
Sharckie: re: CIEN to the 500

Yep, decent news, but the fact that there is no date given for the inclusion should be taken into consideration. Fundies will have plenty of time to buy CIEN on the dips - and therefore I would not expect much of a buying squeeze other than from those fools who still think they are back in the late 90's....

i.e...those who also still buy news of a stock split etc etc...


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