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Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?


To: John T. Hardee who wrote (1634)5/19/1999 1:45:00 PM
From: Ken W  Read Replies (1) | Respond to of 1999
 
Jeez, this is like pulling teeth. Just my opinion of course, but it appears to me that those institutional traders that are short the stock are slowly, but ever so carefully, covering. The short interest Mar was over 4MM shares that decresed by about 50% as of April report. I don't have the May numbers yet but I bet they are higher than April, but much less than Mar. The way the MM is playing this stock is funny. Ask at 6, trade at 6 then drop the ask to 31/32 trade at 31/32 and show as a downtick....what is up with that!

Ken