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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: chester lee who wrote (775)12/7/1997 1:51:00 PM
From: lazar921  Respond to of 2506
 
INFU>>>>>>hanging up there at 6
after an incredible run it appears as thiugh the MMs are trying to keep the shorts from making $. FRI the ask was raised to 6 1/2 while bid sat at 6. An unbelievable spread for sure. Anyone care to look at this "high flyer" which is overbought and appears to be do for a pullback. Does last weeks holding at 6 change the dynamic...would anyone still consider this a good short... it seems it's got to fall soon after rise and decreasing volume.
Thank You, Jeff