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To: Instock who wrote (653)1/17/1998 12:19:00 PM
From: Lucky  Respond to of 1488
 
Instock
RE:HCOM
Your gambling that the day/position trader shorts that were short above 10 didn't cover at 7 1/2 at the close.Margin calls will likely drive this down a little more tuesday or wednesday then without good news sideways trading from there.
Being a shortseller myself I would of covered at 7 1/2 before the weekend instead of trying to be greedy.Bird in the hand rule.
Why gamble that there is any short position left substantial enough to give this a boost.
Too risky for me.
Just my opinion.
Lucky.