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Technology Stocks : Cyberian Outpost (Symbol: COOL) -- Ignore unavailable to you. Want to Upgrade?


To: DavidCG who wrote (293)11/25/1998 8:57:00 AM
From: Goolie2  Read Replies (1) | Respond to of 1932
 
Herb Greenberg says COOL overvalued on CNBC. He is a shill for theStreet.com His employer, James Kramer is the hedge fund manager for Kramer Berkowitz. A few weeks ago Herb said Gillette's new Mach 3 razor was no good, trying to talk down Gillette shares. A week or two later, Kramer discloses he is getting hosed on a Gillette short. So today Herb says COOL is overvalued. Guess who is short COOL???

THis stock only has a 4Million share float and it had a 1 million short position according to Yahoo Finance. If you hang on to your shares another few days, you may get a major short squeeze. There are not enough shares for institutions to borrow, so many have shorted without shares to borrow. They are obligated to deliver shares sold three days after the trade. So my guess is that the shorts began their operations yesterday, if squeezed, they will be forced to cover Monday. Hang on!

Goolie2@aol.com