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Non-Tech : MFN Mercury Finance -- Ignore unavailable to you. Want to Upgrade?


To: smith who wrote (1074)3/13/1998 11:23:00 PM
From: The Whit  Respond to of 1239
 
Smith,

I have 13k of MFN @1 5/16. I have a ballpark of 3. 1999.
Do you think I'm in the park or in the 9th with "2" outs?
AS you can tell I'm new at this.

Thanks,
The Whit



To: smith who wrote (1074)3/14/1998 7:27:00 AM
From: TideGlider  Respond to of 1239
 
% Short Interest

The % Short Interest indicator is updated monthly and is only available on NYSE listed
stocks. A stock's short interest is determined by dividing the number of shares sold short
(as reported by the NYSE exchange) divided by the number of shares outstanding
multiplied by 100.

Many traders watch short interest closely. As the % Short Interest indicator rises, it
reflects a heightening bearish sentiment among investors. As it falls, it suggests that
short sellers are becoming more bullish on the stock's short-term price movements.

It is common for some traders to use the % Short Interest indicator as a contrary
indicator. Often times as the % Short Interest climbs higher, and if the stock price
continues to rise, there will be pressure on the short sellers to cover their positions by
buying shares in the stock thereby increasing the price even further.