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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: Joe Krupa who wrote (10132)	7/8/2002 1:54:53 PM
From: Cal Gary	Respond to of 14101

Joe I have to agree with you, RC is battling with some short covering. Or is it, some shorts are battling with RC? Reviewing the June 16-30 period, there were six trading sessions that the price was sub $3.00 (all six sessions were sub 3.30, our previous support). IMHO a great time to short cover especially those $6.00 shorts. But on record, the net shorts actually increased. This paints another part of the big picture. We know from the past they're one tough bunch. The new info shows the shorts are probably targeting much lower levels. LOL I agree also with the wait for the next short report. It'll be hard to analyse because of the 'large' range in price. Covering in the low 3s only to short into the high 3s. Also, some people are eternally short. Bring on the news! 3 days of extra fuel for the fire. Yeeee haw!