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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (5105)1/30/1998 4:53:00 PM
From: lisa  Read Replies (1) | Respond to of 10479
 
Off Topic:

Craig or Barb, or anyone, help me out, heres the picture, at 3:57 pm est on Friday Jan 31,1997, i was watching ACF trading at 22.875, then all of a sudden on no news, the stocks jumps all the way to 24.25, in about 2 minutes, needless to say, im short, do i have a valid complaint? who can i complain too? BTW this is a very thinly traded stock and the close above 24 greatly improved the technicals....

This was a suprise short squeeze, should this stock have been halted?
Needless to say, there is no trading on Instanet!!!



To: craig crawford who wrote (5105)1/30/1998 9:47:00 PM
From: James Strauss  Read Replies (1) | Respond to of 10479
 
>>> << FIBR closed up very strong in the last few minutes... Maybe some of those 1.6 million Short chickens will come home to roost sooner than you think... >>

>>>Yes, when shorts start scrambling to cover and momentum starts building I will be looking to step in on the short side.<<<
*********************************************************************
Craig:

You'll probably want to do your shorting at higher prices because it looks like FIBR is ready to move to higher levels... You may even want to consider the Long side this time around... : >

Jim