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Gold/Mining/Energy : JDS Fitel -- Ignore unavailable to you. Want to Upgrade?


To: Aloysius Lo who wrote (647)1/29/1999 8:03:00 AM
From: Chris Stovin  Respond to of 815
 
Agree. Forgot about the shorts though. Should promote upward pressure. Thanks for the enlightenment.

Should be an interesting day today.

Cheers!

Chris

The peg works both ways....

But I wouldn't be too nervous about being pegged to UNPH shares... THey are 90% institutionally owned (dailystocks.com) and JDS has a very high institutional ownership too. THough becuase UNPH has a higher trading volume- the bias is towards them.

SHorts on both stocks will have to cover today- and there won't be terribly many sellers around...With Naz rolling along....we should get a nice lift.




To: Aloysius Lo who wrote (647)1/29/1999 8:03:00 AM
From: Aloysius Lo  Read Replies (1) | Respond to of 815
 
Preliminary bid ask roughly $65 as of 8:10am