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Technology Stocks : INFOSEEK (GO) -- Ignore unavailable to you. Want to Upgrade?


To: Frank Z who wrote (4583)4/21/1998 9:59:00 PM
From: Sabrejet  Respond to of 9343
 
Some here are missing the point as to why KTEL is going up. Small float, those short are naked and have to buy those shares in the open to cover. Brokers don't have the shares and are not helping matters. They call the shares after three days and wham!-price run!

Those long have a new reason to stay long(er). The short side will be profitable in due time but not now!

sz



To: Frank Z who wrote (4583)4/21/1998 10:08:00 PM
From: Sowbug  Respond to of 9343
 
<<That could be ugly for shorts tomorrow!! WOW!>>
In near term, split helps easing short squeez. It is hard to say what will happen tomorrow.


Frank, I take it you were responding to seczebra, not me, because your comment responded to his statement, not to mine [no reply necessary].



To: Frank Z who wrote (4583)4/21/1998 10:08:00 PM
From: Jay Plummer  Read Replies (1) | Respond to of 9343
 
Frank,
Any idea what this news will do to SEEK shares tomorrow? (K-Tel split)
I got a sell in and wonder should I cancel and ride it longer.

Jay