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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (986)1/19/1998 11:11:00 PM
From: vegetarian  Respond to of 18691
 
On the HCOM thread, Instock has posted insider holdings and it seems between 3 insiders (Germain pair and sax) they hold 1.4M shares, the total float is only about 2.9M.
Actually, although the 50% insider holding is too high, in a way it is encouraging because I doubt they will buy more with their money to run the stock up since it is already at a ridiculously high price considering the artificial run-up without either earnings or news.
Other than the three insiders, I don't see any other way of getting squeezed.