Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Michael Collings who wrote (8761)	3/25/1998 4:20:00 AM
From: fut_trade	Read Replies (2) \| Respond to of 27307

<<I still think your float numbers are off a bit>> sec.gov ...snip... (2) Based on 45,829,896 shares of Common Stock outstanding on February 27, 1998. SOFTBANK Holdings Inc.(3).......................................................... 13,428,842 29.3% 10 Langley Road, Suite 403 Newton Center, MA 02159 All directors and executive officers as a group.................................... 14,584,500 31.2% (10 persons)(12) ...snip... 45,829,896 - 13,428,842 - 14,584,500 = 17,816,554 <<shares that are shorted are bought by someone so you have two buyers for one seller who hasn't bought back yet and returned the shorted shares>> I look at it this way. Let's say that an institution buys 10,000 shares of YHOO and takes receipt of the stock. If the float is shorted to the max, then an additional 10,000 shares are bought back. In essence, 20,000 shares are bought. <<My point is, anyone looking for a major squeeze of this stock will be disappointed>> I don't want a short squeeze either, and I'm not disappointed. Hao ba, hao ba. Peter