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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Phil Jacobson who wrote (8544)9/8/1998 9:07:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
< SAVLY - Something is seriously wrong when they go down on a day like this and their competition (LHSG) goes up more than 10 points (21%).>

Phil, don't base your decision solely on LHSG's rise today. According to Yahoo the float on LHSG is only 1.6 million shares and the short to cover ratio is almost 7. That would explain the pop in LHSG today........short squeeze on a tiny float. Perhaps engineered by the Co. or the MMs.

Sergio