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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?


To: Stephen who wrote (704)4/23/1998 12:14:00 PM
From: LAWRENCE C.  Respond to of 4761
 
IMHO Looking at the intraday chart, it looks to me like the shorts drove the common price down. Then when the price started climbing back up there was large volume to cover. Why the sudden jump? Shorts wanting to cover before the price climbed higher. The shorts made their attack. This stock is stronger than it would appear to someone not viewing the intraday charts.
Lawrence