SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?


To: Wayne who wrote (2130)1/22/1998 12:02:00 PM
From: Zirdu  Read Replies (1) | Respond to of 7111
 
To anyone: Who owns RADAF competitor Tiger Electronics? Is it part of a public company, or is it private, and what does anyone know about it.

Re the question of how long shorts have to cover, if the stock goes down and stays down, they never have to cover, as I understand it. If the stock goes up, they might have to put up more $$ to cover their margin. And, in the unlikely event that all RADAF holders insisted on delivery of their shares from street name to physical certificates in their own name, I suppose any shorts would be forced to cover. But I believe it will be almost impossible for this to happen, since so many investors hold their stock in margin accounts in street name.

I still am not convinced that what we have seen is massive shorting in the stock. But I have no way to know for sure, and it seems that others that have more knowledge of this do insist that massive shorting has been done. It seems to me we will find out in a few days, when short interest in NASDAQ stocks as of 1/15 is announced. RR