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To: Tim Gardner who wrote (5575)12/3/1997 10:55:00 AM
From: Michael Dappert  Respond to of 11888
 
Tim, It certainly came back off of 4 3/4 quick. I thought when it hit 4 3/4 it would continue on down. Marginablility is a key element here. Wish aipn could stay marginable. Your point about shorters is a good one. I think there are plenty of people ready to buy more.
MD



To: Tim Gardner who wrote (5575)12/3/1997 5:59:00 PM
From: taxikid  Respond to of 11888
 
tim if you would care to read that book link i posted it explains in excruciatingly simple terms how shorts work. the only ones that can short aipn on a downtick are the securities specialist{market makers}
so if it is being driven down by shorts then it can only be an inside job, if that is the case then the sec wouldn't like it none too much..
btw-
margin is dangerous- and now that aipn has broken through that $5 for me, i have to recount the clock from here-
4 to seven weeks above $5 and then the cabbie buys and holds..
regards
taxi