InvestorsHub Logo
Post# of 36150
Next 10
Followers 84
Posts 36520
Boards Moderated 1
Alias Born 07/08/2002

Re: wahz post# 24298

Saturday, 02/26/2005 12:25:28 PM

Saturday, February 26, 2005 12:25:28 PM

Post# of 36150
Clearly it looks like SONS is not a short favorite target with just 7.6 mil shares short out of 247 mil shares outstanding or just 3.7%. So people should not expect that short covering would make any difference in price. What SONS needs is institutional buying and clearly they have been selling so far. Hopefuly that will change after earnings and guidance. At least I hope we get guidance with less than a month left in the quarter. I think the street would view it negatively if they don't.


"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.