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Technology Stocks : SkyMall (SKYM) -- Ignore unavailable to you. Want to Upgrade?


To: CHIP HUNTER who wrote (848)1/6/1999 4:20:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 987
 
Chip, SKYM lost 24 pts in the previous 4 sessions. It gained 1 9/16 today, and got you all excited. As you said, many shorts covered yesterday at 16, what do you think they're gonna do if SKYM goes up again? They're gonna short it to the ground. In addition, I suspect not too many smart longs dare to take this P&D home overnight, fearing the other shoe can drop anyday. Oh, and don't forget, the CEO will likely dump more shares.

Regards,

Tom