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To: re3 who wrote (28623)12/1/1998 8:37:00 AM
From: zax  Read Replies (1) | Respond to of 164687
 
Why would ktel shorts be squeezed if they had margin ?

They can be forced to cover at an arbitrary price (not of their own choosing) if their brokerage needs to supply the stock to buyers but doesn't have sufficient quantity on hand.

This is a true short squeeze... where a high short interest stock goes up in value due to forced short covering not only because the shorts run out of margin, but because their brokerages can force them to buy in if the float decreases regardless of their margin status.

I believe when KTEL starts hitting the wires with positive news, its going to run big time.

-- Zax