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Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (299)5/19/1998 10:39:00 AM
From: xbrent  Respond to of 1364
 
The thinking is that the shorts will cover north of $1.50



To: Captain Jack who wrote (299)5/19/1998 10:46:00 AM
From: Steven Messina,L.M.T.  Read Replies (1) | Respond to of 1364
 
Although I cant seem to locate a site showing Bulletin Board Stock Short Interest, the charts all seem to indicate a good time to short around $1.50

chart1.bigcharts.com

So, in my opinion, if we can sustain the current level without many daytraders flipping in/out, then the shorts may begin paying more attention. Also part two of the Daimler news has yet to appear. The
people holding this one short may begin to cover as that time approaches (soon, from what I have read on the threads).

Let's just hope we can sustain the $1.50 range for now...and on decent volume.

You may want to ask your short interest question on the Joe Copia thread, for they are much more knowlegeable in the area.

All I know is that NUKE's EPS is forecasted to earn $1/sh in 1998.

I am waiting on the pending news from Daimler...should get quite interesting.

Regards,

Steve



To: Captain Jack who wrote (299)5/20/1998 8:34:00 AM
From: Trumptown  Read Replies (2) | Respond to of 1364
 
Captain, from what I understand the average price of the short position is .53. So, assuming it is true that they have not covered, it must be getting very close.