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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Shea who wrote (4120)3/8/1999 1:58:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Looks like the longs are beating the tar out of the shorts on SEVL now over 9. . . can you imagine the "BIG SHORTS" here on SI called it near 5 on Friday and took enormous positions?? They are nearing a 50 percent loss here. . . .they did their usual bashing all weekend. . .but unlike PRFM, this time the company came thru with their news first thing in the AM and followed up with more around noon and rumor of more tomorrow morning.

That is the way a short squeeze is supposed to work. . .about every 30 minutes CNBC gives an update on SEVL. . . and like I said this morning, the squeeze is fun to watch.

Rande Is