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To: xbrent who wrote (1055)5/5/1998 10:11:00 AM
From: Alan Coccio  Read Replies (3) | Respond to of 2278
 
LCAP is still mixing it up on the ask side but he doesn't appear as desperate to sell shares as he has the last few days. He may be close to having an empty bag.

By the way, the sells are small retail trades but a lot of the buys are very large...tends to indicate higher price coming.



To: xbrent who wrote (1055)5/5/1998 10:14:00 AM
From: MeDroogies  Respond to of 2278
 
At this point, there has to be some large proportion of MMs that are short, and they will have to cover... how long can they hold shorts before they have to cover? Is it a day to day thing?


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