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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: Rosemary who wrote (4358)7/22/1998 1:40:00 PM
From: Finder  Respond to of 6317
 
Seller has reappeared. 15,000 share block offered at 34.625. Weak bid size.

Stock just dropped to 34 1/2 and block followed.

Clearly a short seller trying to push stock lower.

According to today's wall street journal this sotck has a huge (3 days avg vol) short position.



To: Rosemary who wrote (4358)7/22/1998 2:09:00 PM
From: Finder  Read Replies (2) | Respond to of 6317
 
Stock tries to rebound and guess who reappears, our 15,000 share seller at the ask of 34.5.

Stock can not recover until this short seller quits.

No one wants to buy a thinly traded stock like this as long as a short is sitting there with overhang of 15,000 shares,




To: Rosemary who wrote (4358)7/22/1998 4:59:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 6317
 
Hi Rosemary,
Mr. G is just doing his usual "government-speak" that he pulls each time he's in Washington. Heavy on words, light on substance. He's a master of it. He's also supposed to have been a very good friend of Ayn Rand. Who is John Galt, anyway?

Best regards, Tom


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