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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: HRAKA who wrote (13994)2/24/1999 12:24:00 AM
From: QuietWon  Respond to of 122087
 
Don't know Asensio. Looks like float is 33% short(Yahoo). When NETG had similar short position, stock went from about 16/17 to about 29 - pretty darn good move.

So, if there is any news (from the company) and price heads higher , it will head even higher as shorts cover.

I don;t know who was shorting NETG.

Assuming Asensio is the main shorter - seems like a good assumption, but maybe there are others. To extent others are short, means less of Asensio shorting.

Price rebounded in late morning and this afternoon.



To: HRAKA who wrote (13994)2/24/1999 12:28:00 AM
From: QuietWon  Read Replies (1) | Respond to of 122087
 
also think GENE is an interesting long. Same thing - good backer, good products.