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Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?


To: Martin Goldenberg who wrote (1682)7/26/1998 1:45:00 PM
From: John Chatterton  Read Replies (1) | Respond to of 2018
 
I noticed in the New York Times yesterday that it would take Hummingbird shorts 85 days to cover their positions at today's
volumes, the highest such ratio on the market.
At today's P/E, I take a certain contrarian satisfaction in the
above statistic. For those curious to see which is stronger, the
supposed tendency of highly shorted stocks to sink or that of
undervalued stocks to rise, HUMCF makes an interesting test case.