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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (1621)	8/6/1998 7:53:00 PM
From: Tom Kash	Read Replies (2) \| Respond to of 3458

So, let me ask you Barbara, If there are no more shares to short, and the price today ends up in the low 9's, what makes you think that the price will go down from this point. Do you think there are enough sellers to offset the short position again? Think about it. The float is extremely small at this point. The price can't be lowered just by shorting now. Now, IF there are positive developments coming out of TRBD, there will be a short squeeze that will make the last one look like a Sunday picnic. I seriously think that many traders shorting didn't look at the positive development this company has gone through. I know all longs have researched this company inside out, contrary to what the short positions seems to think, and I think we will be proved correct in time. Now if I were a short, I wouldn't be happy to be shorting a $9 share that can easily go to $12 or more in the short term. Granted this stock would be volatile thus I believe the shorts will attempt to go out of their positions on these temporary low points. Nevertheless, don't hope for share price of less than high 6's, if it does go down to that. I was expecting the share price to go down further today to that point, but apparently that was not the case as the momentum has returned to positive slope...