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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (12464)	12/12/2001 2:13:44 AM
From: Alex MG	Respond to of 99280

I really don't have a formula, just something I look at. Of course when you see something with 30% of the float short that should be a no-go, something in the single digit percent wise may be reasonable. XICO looks interesting, it keeps bouncing off $14. I don't know why the strength lately, but it may have something to do with it is about to begin trading options. But it has a nice looking chart which attracts the momo crowd, and it's a small cap... But only 1% of float was short as of Nov 8.

To: mishedlo who wrote (12464)	12/12/2001 2:21:41 AM
From: Alex MG	Respond to of 99280

Wow, just checked WEBX... 40% of float shorted as of Nov 8. That's what I mean, why fight that crowd, find something else. And something very liquid. Matter of fact, I'm gonna put that one on my screen, probably a good little stock to buy on dips for daytrading, with all those shorts... 18.1M float, shares short 7.37M,, maybe even more now.