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Technology Stocks : Nanophase Technologies (NANX) -- Ignore unavailable to you. Want to Upgrade?

To: Gene J. Abel who wrote (22)12/28/1997 2:15:00 PM
From: Lucky  Read Replies (1) | Respond to of 322
 
Most of us shorts already established our positions friday.In the unlikely event we can open up monday then I will increase my short and get ready for the impending drop.
A number of fellow shorters that missed out on friday will be waiting for tomorrows open which will kill any chance of NANX opening up any significant amount.Between the shorts and stockholders that missed out fridays spike to lock up profits there will be just too much selling pressure monday morning.
Tomorrow will be fun.
Lucky.



To: Gene J. Abel who wrote (22)12/30/1997 5:13:00 PM
From: larry  Respond to of 322
 
I established a short position last Friday and shorted more yesterday. Covered half of my position with a nice gain. I think that it will drop to below 11 in the next 3-4 sessions. The volume is drying up and the price is also in the down trend. BTW, I borrowed the shares from Datek.

larry


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