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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: tony 890 who wrote (10505)4/30/1998 3:04:00 AM
From: uu  Read Replies (2) | Respond to of 14631
 
IFMX short interest was cut in half during the month of April from a little over 17 million shares to a little over 8 million (see viwes.com ).

Part of the run up is due to shorts being squeezed. I dont want to even think about how the remaining shorts would feel if the earnings tomorrow are going to be better than expected, because it is going to be absolute pure pain for them being squeezed horribly! Will we see $14 or even $15 by the end of next week?!!! Time will only tell of course!

Regards,

Addi Jamshidi