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Technology Stocks : Zenith - One and Only -- Ignore unavailable to you. Want to Upgrade?


To: flickerful who wrote (4666)3/18/1998 10:17:00 PM
From: Robert Utne  Read Replies (1) | Respond to of 6570
 
I'm as confused as anyone as to why the short "team" (it's certainly a collusive group of short players) continues to add to its short position in light of the announcements by LGE "we're in for the long haul and have no intention of selling Zenith, etc." and other very positive publicly-available information. What do they know that we don't?

Once just one major brokerage house comes out with a "Buy" recommendation for ZE and the funds start jumping aboard, who will have shares to sell?

Appears that the short team is playing a very dangerous game and could get burned very quickly.