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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: GS_Wall Street who wrote (5934)11/6/1997 1:31:00 AM
From: Eric Yang  Respond to of 213173
 
>>Yes Apple is alive and gaining market aceptance again, those shorts better start to be scared. 20 Million short could drive this stock to $40 in 2 to 3 months once the stampe starts.<<

That's what I thought back on Oct 14th... At first I sold my shares early in the day at 23 and change.. then 30 min before the market closed I bought them back at 24 1/8. Haven't made such a bad move in a while. Don't know what I was thinking...actually I was thinking "short squeez, baby short squeez" Well... we all know what happened instead. Gave back the 12% or so I made in the 2 weeks prior to the announcement. And I was doing so well...

Then it was the supposed possible annoucement of Jobs accepting CEO position when he returned from vacation last week. Suckered some of us into buying some more $18 shares during the asian market turmoil eh? (uh...not me of course) I wasn't exactly screaming "short squeez BABY" that time but the thought did came across my mind. Well... we all know what happened. Went to the restroom came back to the computer and we were trading back in 16s. I'm still waiting for that CEO announcement damn'it.

With Nov 10th just 5 days away, I'm hearing "short sqeez!" again. And frankly it kind of scares me. Maybe the third time is a charm.

Eric