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Gold/Mining/Energy : maverick (MAVK) -- Ignore unavailable to you. Want to Upgrade?


To: sportsman who wrote (354)9/1/1998 7:38:00 AM
From: Satch77  Read Replies (1) | Respond to of 432
 
If cash is a major problem, why did they spend $20MM or so on the company they purchased a week or 2 ago. If they are still profitable, why would they need a lot of cash? IMO, there is something else going on that we don't know about. The short interest in the stock has been increasing. You can check the short interest on any NAZ stock at (http://www.viwes.com/invest/) Remember the spike up almost $2 a couple weeks ago? Was that short interest covering? While I don't really understand how shorts cripple a stock price, I have watched them do it many times to other stocks. At this point I'm just dazed and confused.

Satch