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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: William Nicholson who wrote (683)3/6/1998 3:06:00 PM
From: Albert Martin  Read Replies (1) | Respond to of 8117
 
In Re: Short Position
Anytime a stock the likes of PYNG shoots up as rapidly as it has done the short interest ALWAYS increases. Perfectly natural. The shorts expect a pull due to profit taking etc. It is certainly not to be construed as a negative, at least at this point.

This stock could literally explode and do so extremely quick. One major order will probably do it. As i said once before, the military would not have gone to the trouble of going through their approval system if they didn't intend to at least make a limited order for evaluation purposes.

The upside potential here is enormous!! On the other hand, there is downside potential as well but not NEAR as much as the upside potential.

Albert