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Technology Stocks : CLCX - Computer Learning Centers -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Miller who wrote (22)2/4/1998 6:43:00 AM
From: Mike Naiditch  Read Replies (1) | Respond to of 339
 
Squeeze

Some clearing firms have eliminated short stock rebate on CLCX, indicating the stock is hard to borrow. In retrospect, you could be right about the squeeze. Still, if the shorts are trying another avenue, they are shifting the dynamics of their position (by choosing puts over shorting the stock).