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Technology Stocks : CDRD (CD Radio) -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (288)11/7/1997 3:58:00 PM
From: Candle stick  Read Replies (1) | Respond to of 904
 
There is a bigger short position than long in CDRD, so I think sometimes on days when the market is getting destroyed and people are getting margin calls they look to "cover" positions.......Since CDRD has not made alot for anyone on the short side lately, I think on these severe days covering CDRD to raise cash means buying back your short............maybe, maybe not...but I have noticed that several times now........;^)