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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (2734)9/5/1998 12:02:00 PM
From: sammaster  Read Replies (1) | Respond to of 4230
 
i think on tuesday we will see a big spike as this thing gets spammed on the web and the daytraders and investors move in.....tuesday and wednesday volume and price increases will attract even more daytraders and even more investors....this may have good momentum all week until thursday or friday and then it will dive as daytraders bail for the weekend(maybe even short) leaving new investors with a loss and new investors may bail out of panic on friday and old investors selling some to protect gains....

this is how bb's work....but this one is very unusual in the fact that it has a HUGE known short and nutstoo is pulling his certs...
so who the hell knows what will happen next week...
ktel, presstek, iom....others

could someone give me other examples of short squeezes and the % of shares short when it started?
AMZN seems to be a perpetual short covering bonanza as old shorters cover while new ones short and then see they are screwed and so cover ...etc..etc...maybe same will happen with jaws

samir