RE: [CANSLIM] SHORT SQUEEZE ???

From: "Mark Kerson" <mkerson@dplus.net>
Subject: RE: [CANSLIM] SHORT SQUEEZE ???
Date: Mon, 25 Nov 2002 12:30:09 -0500

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Hi, are you willing to describe what this is likely to mean for NWRE?  Does 31% of the float being
sold short mean that the price is likely to drop as they cover?

Thanks, Mark


- -----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Winston
Little
Sent: Monday, November 25, 2002 12:19 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] SHORT SQUEEZE ???

A  possible short squeeze on Web Link  item????
10:14AM Neoware Systems squeeze possibly triggered by IBD mention ( NWRE
<http://finance.yahoo.com/q?s=nwre&d=t> ) 20.05 +2.30: -- Update -- Advance in stock said to be
triggered by Investors Business Daily mention that stock has "moved closer to its pivot point of
$18." ..... the technical breakout above its $19.50 one-yr high set Aug 29, which has triggered
major short-covering in the stock. Almost 31% of co's small 13 mln share float has been sold short.

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<p class=3DMsoNormal><span class=3DEmailStyle20><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>Hi,
are you willing to describe what this is likely to mean for NWRE? <span
style=3D"mso-spacerun: yes">&nbsp;</span>Does 31% of the float being =
sold short
mean that the price is likely to drop as they cover? =
<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle20><font size=3D4 =
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face=3D"Tempus Sans ITC"><span =
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<p class=3DMsoNormal><span class=3DEmailStyle20><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>Thanks,
Mark<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle20><font size=3D4 =
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yes">&nbsp;</span>AUTOTEXTLIST \s &quot;E-mail Signature&quot; <span=20
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f]--><font
color=3Dpurple><span =
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</p>

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<p class=3DMsoNormal><font size=3D2 color=3Dblack face=3DTahoma><span =
style=3D'font-size:
10.0pt;font-family:Tahoma;color:black'>-----Original Message-----<br>
<b><span style=3D'font-weight:bold'>From:</span></b>
owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]<b><span
style=3D'font-weight:bold'>On Behalf Of </span></b>Winston Little<br>
<b><span style=3D'font-weight:bold'>Sent:</span></b> Monday, November =
25, 2002 12:19
PM<br>
<b><span style=3D'font-weight:bold'>To:</span></b> =
canslim@lists.xmission.com<br>
<b><span style=3D'font-weight:bold'>Subject:</span></b> [CANSLIM] SHORT =
SQUEEZE
???</span></font></p>

<p class=3DMsoNormal><font size=3D3 face=3D"Tempus Sans ITC"><span =
style=3D'font-size:
12.0pt'><![if =
!supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></p>

<p><b><font size=3D2 color=3Dblack face=3D"Tempus Sans ITC"><span =
style=3D'font-size:
10.0pt;color:black;font-weight:bold'>A&nbsp; possible short squeeze on =
Web
Link&nbsp; item????</span></font></b><font size=3D2 color=3Dblack><span
style=3D'font-size:10.0pt;color:black;mso-color-alt:windowtext'><o:p></o:=
p></span></font></p>

<p><b><font size=3D2 color=3Dblack face=3D"Tempus Sans ITC"><span =
style=3D'font-size:
10.0pt;color:black;font-weight:bold'>10:14AM Neoware Systems squeeze =
possibly
triggered by IBD mention (<a name=3Dnwre></a><a
href=3D"http://finance.yahoo.com/q?s=3Dnwre&amp;d=3Dt"><span =
style=3D'mso-bookmark:
nwre'>NWRE</span><span style=3D'mso-bookmark:nwre'></span></a><span
style=3D'mso-bookmark:nwre'></span>)</span></font></b><font size=3D2 =
color=3Dblack><span
style=3D'font-size:10.0pt;color:black'> 20.05 +2.30: -- Update -- =
Advance in
stock said to be triggered by Investors Business Daily mention that =
stock has
&quot;moved closer to its pivot point of $18.&quot;&nbsp;..... the =
technical
breakout above its $19.50 one-yr high set Aug 29, which has triggered =
major
short-covering in the stock. Almost 31% of co's small 13 mln share float =
has
been sold short.</span></font><font size=3D2 color=3Dblack><span =
style=3D'font-size:
10.0pt;color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p=
>

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Next Article (by Author): re[2]: [CANSLIM] CANSLIM Hunting List Updated 11/22/02 Tom Mc Dermitt
Previous Article (by Author): Re: [CANSLIM] SHORT SQUEEZE ??? Gene Ricci
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