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


To: Glass House who wrote (15548)2/28/1999 11:49:00 PM
From: timers  Read Replies (1) | Respond to of 122087
 
Actually I don't have a position in NXTR. I couldn't get any at Watley. Maybe tomorrow. Looks like the volume was short covering. If it would take 50 days at avg. volume to cover....then with the volume at week's end....that should have been just about EVERYONE! (covering) Time for back down. I don't think that volume was very many longs. (at 14!!??)



To: Glass House who wrote (15548)3/1/1999 12:04:00 AM
From: timers  Read Replies (1) | Respond to of 122087
 
Re: NXTR! Interesting that the volume increase began the next day, Feb 16, after the figures on short interest came out...which was on Feb 15. Maybe people freaked when they saw they were 2nd and began to cover.