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Technology Stocks : SHRP: The Sharper Image, Profitable making $ on Internet! -- Ignore unavailable to you. Want to Upgrade?


To: Craig Rogers who wrote (129)1/2/1999 7:09:00 PM
From: Steven Messina,L.M.T.  Read Replies (1) | Respond to of 353
 
Yes, this is good news. Hopefully within the next week IBD may raise their ratings to a light buy recommendation.

BTW, when are the next quarterly earnings due out on SHRP?

A little more PR on December's numbers and we should be off to the races..well, unless the I-Nets all tank : )

Steve



To: Craig Rogers who wrote (129)1/2/1999 9:26:00 PM
From: Kenneth Yeh  Read Replies (1) | Respond to of 353
 
There are half a MILLION SHRP shorts reported on 12/15/98.

Check it out for yourself.

viwes.com

Input SHRP at the text field and you will see 502,290 shares short in SHRP as reported on 12/15/98. There are only 1.90 million shares floating on SHRP. That means over 1/3 of the float has been shorted!!! (Can someone say SQUEEZE??) I think the next big news release will rocket us into the 30's. With such a small float and a large short position, this is a very bullish indicator. We don't know how many shares have been shorted from 12/16/98 - today. I estimate we probably now have around a total of 700,000 shares of SHRP short based on volume and stock movement in the past two weeks.

I believe we'll see some press release on the holiday sales from SHRP in the next week or so. Let's all hope that is the case.

-Kenneth