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Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS -- Ignore unavailable to you. Want to Upgrade?


To: DOC who wrote (78)9/8/1998 11:07:00 PM
From: Cavalry  Respond to of 1637
 
doc good point though i believe it will be weeks not
months for aznt squeeze to take hold full force.
Cav



To: DOC who wrote (78)9/9/1998 1:52:00 AM
From: Cavalry  Read Replies (1) | Respond to of 1637
 
you really need to look into the story going on with aeti, sitting on
the bottom, imo. law suit vs. aeti was perfect opportunity for short sellers to strike.

at $3.40 the shorting began, the price started falling moderate volume, then panic selling kicked in and shorts helped it plummet,
the selloff continued due to uncertainty of lawsuit and panic. then shorts started covering at 60-90 cent area. look at the massive volume with the price staying almost even. the more the longs sold at the end of the huge sell off the more the shorts were able to buy and cover.

it's sitting on a firm bottom now at 60 cents. i am telling you doc, magic eightball almost guarantees the lawsuit will be dropped in less than 20 days.

the most amazing thing about aeti is
the shorts are gone now, covered and split. the wild thing is the aeti longs are so stunned from the beating the shorts put on them
that they don't realize what an incredible buying opportunity this is for them.

todays volume of 3400 shares bears this out. after 6 weeks of wild volume, this is the pause that refreshes. aeti will be added to header soon.
Cav