Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Corvis Corporation (CORV) -- Ignore unavailable to you. Want to Upgrade?

To: buysell1929 who wrote (2746)	10/27/2004 7:51:53 PM
From: weightlifter	Respond to of 2772

This tells you what I have said here and on other boards for quite some time. The PIPE holders are not causing the decline in share price by selling short, don't get me wrong they may be doing some shorting, but the main reason for the decline in price is that the institutions are disgusted with Huber's actions regarding the reverse split and the method of repayment of the PIPE. They are dumping their shares at any price just to get out of this stock. This stock will never reach its full value as long as David Huber in in charge!. We need to dump Huber NOW!!!!!!!!!!!!!!

To: buysell1929 who wrote (2746)	10/28/2004 11:01:57 AM
From: im a survivor	Read Replies (1) \| Respond to of 2772

<<Has anyone noticed that the short interest went from 1.6M on September 15 to 0.6M on October 15. What do the bears know that we don't?>> Is that split adjusted? Numbers seem very odd taking into account the RS... Regardless...$5 is like a magic number....stocks, even dogs, always get some buyers at $5, as many stocks see a pop as they drop to that level and then get some buyers...it's called the "$5 pop".....plus, lest not forget the stock is down...what? 70% or more...Shorts are pretty smart folks....Unlike many longs that dont sell and take profit due to greed and end up watching gains turn into losses, shorts are very nimble....a stock that has gone down over 70% has made most shorts very good money....at $5, they too know there could be a pop up, or $5 could be a firm bottom..that is not known until we see whether a stock holds above $5 for an extended period or drops below $5...so, most smart shorts probably covered, took their profits as we headed down towards this level....just an opinion, though....