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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: peter n matzke who wrote (40323)4/19/1998 7:56:00 PM
From: RealMuLan  Respond to of 58727
 
KTEL: Who is you broker? Datek got plenty of shares available. If you dared to short it.



To: peter n matzke who wrote (40323)4/19/1998 11:18:00 PM
From: AlienTech  Respond to of 58727
 
>>Dwight, i have tried to short KTEL several times last week, and there was never any stock available.<<

You are right. With less than a million shares available and around 300k float, look at the volume. I think KeyWest alone shorted that many shares. Until we hear the founder selling out his 2 million or so shares shorting KTel has to be the dumbest thing right next to shorting god himself (BillG). Why not short some low risk low P/E stock like APM? At least you have a pretty good chance of making money.