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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Redhook who wrote (11188)3/24/1999 11:28:00 AM
From: AlienTech  Respond to of 43080
 
>>I see that NETA is having another sparkling day -1/2 29 1/8 x 29
3/16<<

The shorts wont let it fly until there is some news for either a sell off or a rally. With 10 mil shares short just in the last week, and being 25% in the money. I would do the same. Also another 15 mil or so short which are almost 50% in the money. Heck 25 mil shares with $20 in the money, for 500 million BUCKS I better get some news to scare me or get a chance to take the money and run.