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

To: Cavalry who wrote (839)	9/21/1998 4:26:00 PM
From: majormember	Read Replies (2) \| Respond to of 1637

VVUS...4 1/4 +1 27/32.....does TA say UP tomorrow? Short squeeze?.....heard this was the 2nd most heavily shorted stock on NASDAQ. Can we say,"mother of all short squeezes"?

To: Cavalry who wrote (839)	9/27/1998 12:01:00 PM
From: zx	Respond to of 1637

i am back. have not looked at the thread but it has been busy. found this little statement about shorting IDTC. Oliver, besides naming one consider this. IDT was initially brought down from its previous highs immediately after the prior earnings report by heavy, and I mean heavy shorting. That took us down to the $22-$24 range. From there the market conditionns deteriated tremendously and was responsible for the rest of the drop. Had the situation been reversed, i.e.: no shorting and market conditions positive and steadily up. There is no doubt we would be above $30 now. on 9/18 bought IDTC oct 20 calls at 1 5/8 and now they are ~7. earnings are out tomorrow. this shows that even the blind pig finds something sometimes. stock might tank on earnings. hope you have been doing well since i have been gone.