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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Thuy Pham who wrote (43715)4/11/1998 1:14:00 AM
From: David Lawrence  Respond to of 61433
 
>>All the shorts are going to get squeezed on this stock . Shorter need to learn more about this company before sell short.

<soapbox>
Oh please, try and rub a couple of brain cells together before submitting such nonsense. A short squeeze? With the current volume (a.k.a. liquidity)? Not possible. Period. And, for the most part, short sellers tend to do a lot more homework than you can apparently imagine.

If you want to cheerlead go ahead, but try not to make a total fool of yourself in the process.
</soapbox>

Signed,

A "longer" - at least for the moment.



To: Thuy Pham who wrote (43715)4/11/1998 1:27:00 AM
From: Jeffery E. Forrest  Respond to of 61433
 
Rah, Rah, Siss, Boom ba, fight, fight, fight, Raw Raw Raw.

Jeesh what a load of horse pucky.
Get a grip.

To be a good short one must do MUCH more homework than I have seen 99% of this thread do.
Takes guts, research, agility and a little luck don't hurt.
It sure can pay off big and happen fast, but I don't short as often as I like because it's so damn much HARD WORK!

The short squeeze is most often a myth. Hardly ever happens in reality. Sure they happen, but they are like an airplane crash. They get lots of publicity when they happen and it looks more dangerous than it actually is.
If I were going to short it WOULD NOT be on an earnings play. Too much a gamble.

ASND will most likely bounce around a bit this week and then begin a nice even ascent.
(well, as even an ascent as you get with a stock that's got a BETA of 2)