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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?

To: zurdo who wrote (3847)	3/9/1999 2:43:00 AM
From: SkyDart	Read Replies (4) \| Respond to of 4903

MASSIVE SHORT SQUEEZE: ONSL: OUCH!!! Just reviewed the short interest for ONSL. Look up at www.viwes.com. Guess what? The previous runnup in short interest occurred in November 1998 at 1.5 days to cover with a short interest of 2.0 million. The stock ran up from 30 to 108 on volume of 10 to 12 million per day. Now the short interest is higher at 3.3 million shares with 2.9 days to cover. Hmmm, the stock started to run at 31. Any bets as to how high it will run as the shorts scurry to cover this time. Let's see. 2.9 divided by 1.5 multiplied by 108 = ? Naaa, it couldn't POSSIBLY GO THAT HIGH; Right? ggggggg Dart