SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : HAUP - Hauppauge Digital -- Ignore unavailable to you. Want to Upgrade?


To: Cyrus Mashhoodi who wrote (488)5/22/1999 3:07:00 PM
From: Chris land  Read Replies (2) | Respond to of 1149
 
There were shares available for shorting after more than 18 million shares were circulated friday and since monday will not see the same type of volume I'd not be too concerned with any short squeeze yet. I am very confident that the stock will drop substantially monday because there is nothing to support anything above 13-15 at this point in time. Those who didn't take their profits friday will be certain to do so monday at the slightest hint of a downturn.

Chris



To: Cyrus Mashhoodi who wrote (488)5/22/1999 3:21:00 PM
From: telebob  Read Replies (3) | Respond to of 1149
 
<lionel and the shorts> discussion ,scenarios.

Thats what i think happened. hedge funds realized that there was heavy shorting in the 17-18 . It went on for over an hour at that range area around noon.
Then they began buying and created a squeeze. When will the squeeze be over ? will they call short stock in monday ?

<
How are you people going to short a stock with 2 million float. You will be at the mercy of day traders and fund managers. Think about it, it does not take much to move this stock another 10-15 points, a minor short squeeze will make this company move to $40-$50 range. Just be carful with shorting a low float company. >