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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end? -- Ignore unavailable to you. Want to Upgrade?


To: simon sichewski who wrote (2330)8/6/1998 8:41:00 PM
From: Jose Matos  Respond to of 3203
 
I'm pretty annoyed also. I don't really care about the short squeeze. I've been holding this short for months and I'd love to add on more, but I don't dare cover because I won't be able to re-enter a short position. Damn Datek still has that bogus "Sorry: you can not short sell this stock today". It's been months since you could short it.

And you're right about their earnings (scratch that- their monster Loss) report being late. I can't wait to see how they try to explain the millions in losses and the half dozen CD's they've sold.

But I'll be damned if I get squeezed on they baby. I held on from 35 to $80, I can sure hold on for another 50-100% squeeze. I've got time and a bogus business plan on my side.

Just wait it out. If this thing ever sees $20 again, Reagan will be our next president.

Regards.
Jose.



To: simon sichewski who wrote (2330)8/8/1998 5:34:00 PM
From: David Meyer  Read Replies (1) | Respond to of 3203
 
Hi folks - I use MB Trading. They had KTEL available to short both Thursday and Friday.
Regards,
DM