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

To: craig crawford who wrote (8791)	3/25/1998 9:27:00 PM
From: Michael Collings	Read Replies (1) \| Respond to of 27307

Craig: You don't get it..... it is turning in favor of the shorts. Retesting already covered ground doesn't qualify as off to the races... another big short squeeze is in the making etc. Can't happen that way now. AMZN still has a decisive favor to the longs with 28% short. Wouldn't short that one if you paid me. But Yahoo longs, on the other hand, would have a great deal of difficulty trying to squeeze up another 10 or 20 points. Not enough shorts out there compared to the longs to get it done. This has been the problem in the last 4 months with Yahoo ie too high of a percentage on short interest. But with the short interest not really expanding anymore and the float increasing dramatically, we are finally in a position where further squeezes aren't as possible. I don't know why everyone doesn't figure this aspect out before shorting the stock in the first place. If you look at every stock that has been successfully squeezed you will see a high percentage of the float is short. Anything over 20 percent should be avoided on the short side. Rarely will you see a stock with 15% or less squeezed very far and usually only if there is very positive news (like maybe real and impressive earnings).