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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: IceShark who wrote (51599)9/5/1998 1:21:00 PM
From: Gersh Avery  Read Replies (2) | Respond to of 58727
 
"Also figured out that dead cat bounces are almost required. Shorts have borrowed stock to short .. the owners of the stock figure out, to late, to sell. When they sell the short has to cover .. bounce .. until more longs can be found to borrow from."

#reply-5677752

I'm guessing that some of the bounce up is caused by shorts required to cover because of having no available shares to borrow.

Gersh