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


To: summerboy who wrote (17148)3/4/1999 4:56:00 PM
From: Mama Bear  Read Replies (3) | Respond to of 122087
 
hberg, heavily shorted stocks are some of the best shorts. The key is to not be greedy. Some folks see a situation like CYOE and dump a huge chunk of their equity into it. Keep the position manageable, and expect a squeeze. If it goes to 16, will you still be alive? It's unlikely, but not out of the question.

Another thing to realize is that the float will increase. Here's the S-3 they filed on 12/3/98 for 5+ million new shares. Take a look at that list of selling shareholders...wow.

edgar-online.com

Barb