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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (3479)4/21/1998 4:06:00 PM
From: LTK007  Read Replies (2) | Respond to of 29382
 
Just noted that DHI was upticking on high volume and downticking on
low volume,hate to see that.Suspect the arbs are taking out their shorts very strategically--the price was really dragged down on end of day low volume--not right.max90



To: Magnatizer who wrote (3479)4/21/1998 4:07:00 PM
From: Amigo Mike  Respond to of 29382
 
Amigos y Amigos,

I hope that you all are eyeballing the volume in AIRM and DHI in particular. These two stocks appear to be ready to run.

Incidentally, I have to verify this, but I have been told DHI is the 7th largest short position on the NYSE. Company CEO & CFO to meet analysts this evening. Nothing I want more than to RIP THE SHORTS FROM THOSE ARB PLAYERS. If it all plays out ...... DHI could see multiple point gains over the next week.

Amigo Mike