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Technology Stocks : Data Broadcasting Corp. (DBCC) -- Ignore unavailable to you. Want to Upgrade?


To: Marty Rubin who wrote (4408)1/21/1999 7:34:00 AM
From: john michael winesette  Respond to of 5102
 
you are right marty-there is nothing the market makers love more than to put shorters in a squeeze....they can artificially gun the price and it's off to the races as the shorters scramble to bail out at prices that are flying upward....seems like there are a lot of shorters on this thread-i am long here, for this company has staked out valuable territory on the internet, territory that will be sold for a hefty premium once the dust settles, imo....



To: Marty Rubin who wrote (4408)1/21/1999 8:40:00 AM
From: ilh1  Read Replies (3) | Respond to of 5102
 
Marty, if DBCC had the typical tiny Float, then maybe, but a Float over 20 Million plus means, that if a such a rise would occur, it would only be short lived.

(You know many of us were very surprised that DBCC went to its high of $40 or so, because we thought then, that the float was too large, but the buying was so massive that it swallowed it up...........But, who will be buying massively now, many will take the attitude; been there, done that....)