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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Doug Fir who wrote (15409)11/12/1998 5:57:00 PM
From: Mike da bear  Read Replies (1) | Respond to of 18691
 
ViWes shows no shorts for sept and 5 days outstanding in aug

That's because the stock was << $5 so it was unshortable. The shorters
started jumping in today when the stock started going over $6. Then
CNBC mentioned the company today and it rocketed from $10 to $30
squeezing shorts along the way.

I guess it's true, they're probaby several thousand people sitting around
watching CNBC and day trading. One big casino is this market now.

BTW, I have no position in AVCO
mdb