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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TGPTNDR who wrote (142487)2/7/2002 1:10:00 PM
From: tejek  Read Replies (1) | Respond to of 1578294
 
I know what they say about short interest being positive, but I've generally found that the shorts know more about why they're short than the longs do about why they're long.

TP, short interest is positive only in that they have to cover if there is a bounce, causing the bounce to be more pronounced. Otherwise, I have to agree...the professional shorts often are better informed than the professional longs. What was the short interest on HC, and can you explain what it means? Typically, I don't follow the short interest on stocks...probably should..whatever!

I can't find any real information on this company. It's all fluf and spit shine. I can't find any real substance for the short interest either. I get the feeling, however, that it's a company that operates 'at the margin', providing goods and services of marginally productive sharply price and demand sensitive goods.

Its margins are decent...its profit margin is better than the industry average. It also has strong growth. I think the stock was recommended in a TSC energy roundtable or an energy article recently..that's how I got the name.

It doesn't have much cash but what it does have doubled over the year. Receivables are high but turnover rate is good. I wasn't planning a long term hold......just trying to make some $$$.

Re: <I am confused. ;~)) And for that reason I am going to cash and sitting this one out.>

That's one of the nice things about investing. You can just hang out 'till something comes along.


It sounds like you are doing okay?!!

I would not, however, be surprised if yesterday's drop was a selloff climax and today's rise was the first day of a bounce. Stochastic fast was getting into the oversold territory.


Acting badly today......we will see.

ted



To: TGPTNDR who wrote (142487)2/7/2002 1:48:05 PM
From: tejek  Respond to of 1578294
 
TP, you won't believe the ride HC has been on so far today. Opened around $11.70, went up to $11.8, then started to slip...so I took off my stops thinking it was doing a retest in the low 11s. Next thing I knew it was in the mid 10's...freaked, just about ready to sell when the sucker starts moving up like a banshee. Next thing I know, its in the low 11s, then the low 12s.....breathe a sigh of relief.

About 20 minutes later I check it again...its at $10.9 but with an ask at $11.75 and a bid at $11.65; two minutes later its at $11.65.

My question: have the former ENE execs taken over the trading at the NYSE? Damn...HC makes the roller coaster ride at Magic Mt. look like a lego creation.

ted