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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end? -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (2874)11/27/1998 8:26:00 PM
From: Spider Valdez  Respond to of 3203
 
ktel again appears to be nightmare for shorts. i remember during squeeze all call looking for shares to short. it was impossible to find. we see after squeeze stock settle at true shareholder value 2X share price before squeeze. since then stock keeps going north. is it good short? you are right about margin calls & talk of possible delisting do to $4 million nasdq requirement can not seem to slow down this stock. i do not think i see before oppurtunity for second short squeeze in same stock in such short time. i would not be short ktel at this time even with talk of delisting. it only take a group of longs or institutional buyer to demand maybe little as 10% of float in name form to generate short squeeze once again. imo i would not be short ktel at this time. do you think pboy & msft talk in light of delisting talk is cause for bullishness in this stock @ present time?
spider



To: StockDung who wrote (2874)11/27/1998 10:16:00 PM
From: Tom Hua  Respond to of 3203
 
<<I am sure you will be able to hang on a little longer before
your broker calls you for not making your margin requirement.>>

I don't know about that floyd. My MZON and DBCC are up sharply today, 60% and 44%, respectively. I doubt my brokers will be calling.

Regards,

Tom



To: StockDung who wrote (2874)11/27/1998 10:54:00 PM
From: tool dude  Read Replies (2) | Respond to of 3203
 
Floydie:You got it righ,with all the trashing of this stock the past week it is nice to see the truth finally spoken.Look out Monday its gonna be a slaughter with all the buying going on from both shorts and longs.What in the world happened to NRMI today record high for the little music co.