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To: Benchman who wrote (1468)12/5/1998 2:07:00 PM
From: Manly  Read Replies (1) | Respond to of 27722
 
Excellent point about shorters having to cover their margins as well. I would guess many longs already covered or were prepared for this stock to sink. Shorts however who are on margin which if I recall correctly - isn't NAVR the one of the most heavily shorted stocks????

If this is the case, this could help NAVR go up as people start to cover their margin calls. As it rises, more panic amongst the shorters to cover as soon as possible!!! This works both ways - I personally never stay on margin too long with the net stocks - these things are incredible.

Glenn