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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Gary Wisdom who wrote (36751)11/20/1997 8:29:00 PM
From: FuzzFace  Respond to of 58324
 
< Doesn't this tell you that the shorts have continually been getting squeezed and closing their positions?>

My understanding of short squeeze is that it is a more rapid phenomenon than 6 months. It usually lasts a few days at most, until the short interest fuel is expended. I think COMS was in one earlier this year. Today, RMBS sure looks like it started its second one this year.

I too wonder how they are taking the latest IOM movement.

As you say, we'll see.



To: Gary Wisdom who wrote (36751)11/20/1997 11:11:00 PM
From: Thomas L Nielsen  Read Replies (1) | Respond to of 58324
 
Excuse my ignorance but are all of the ~13,000,000 option shares expiring tomorrow???/ If not then do you have the figures for the number of Put shares that will be expiring tomorrow.

Isn't this information pertinent to the number of total shares that may have to be covered ? Please explain.

Tom



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