SI
SI
discoversearch

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 : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Phillip C. Lee who wrote (11001)4/9/1998 2:58:00 AM
From: Sam Scrutchins  Read Replies (1) | Respond to of 213176
 
In each morning, shorts started to sell the stock and push it to extremely low, then they covered back in the last 30 minutes.

Phil,

What do you mean here? It has always been my understanding that a short sale had to be made at the offer price. IOW, a short sale cannot be used to push the price of a stock lower. If this is still true, then how can you say that the shorts are pushing the price down?

Sam