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Technology Stocks : Source Media SRCM -- Ignore unavailable to you. Want to Upgrade?


To: Pluvia who wrote (402)7/17/1998 4:40:00 PM
From: Street Walker  Respond to of 3015
 
Short Squeezes

always make for a nice run up in price.

The same short/long discussion occured on
the AMZN thread, SEEK thread, NSCP thread, etc.

When the rumors came true (particularly the
SEEK and NSCP rumors) a major short squeeze
caused the stocks to soar. It took a while
for the rumors to come true, but they did!

Since SRCM is trading ABOVE the price prior
to the $45 buyout rumor, looks like the
believers are stronger than the shorters.

I am glad we are all being civilized on this
board. We are a community here and on some other
thread in the future,we may have similiar views
on a different company. We agree to disagree on this thread.

I respect your due dilligence on what has happened
in past months. I do find it hard to do dd on a very recent rumor
cause everyone is required to be quiet on the matter and can't
even give the quietest hint of buyout or who has been investigating
the patents.

It is a 50/50 chance of the "market sources" of
Dow Jones being truthful. Its 50/50 - that's why
this thread is so decisive in its views.

Long SRCM
S.W.