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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end? -- Ignore unavailable to you. Want to Upgrade?


To: White Shoes who wrote (1478)5/4/1998 2:43:00 AM
From: put2rich  Read Replies (1) | Respond to of 3203
 
<<Van Nguyen, my gut feel is that KTEL is headed much higher soon, to something like $80-90. This doesn't make me likely to come anywhere near this stock but there it is. >>
I think the stock will drop if the fear of long is larger than the fear of short at a certain price in a certain market condition. I just think KTEL above 50 is a good short if we short small first, increase short if it jump 30% more ridiculously high... Just a thought, too bad can not short 50 shares.