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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?

To: blake1 who wrote (1084)	2/19/1998 12:42:00 PM
From: Ron Harvey	Read Replies (1) \| Respond to of 5736

A "classic" short squeeze requires a much larger percentage of shares being short. But if the stock does have a liquidity problem (which I also doubt, as any broker can still buy or sell shares) and there are scared shorts buying, then a short-term bubble has been created and the stock could tumble pretty soon. My favored scenario is that we get (I hope) a high-volume balance of distribution/accumulation in the high 14's for several days so the beginnings of a new base can be established for a further move up. If we go to the 15's in the short term, I think 600K+ volume daily will be needed to sustain the move. Otherwise, the price'll remain tenuous. My recommendation is to not get a price quote for the next two weeks (har, har) unless there's news.