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Orbital Engine Corp. Ltd. (OE) Message Board

  • foolishrat5 foolishrat5 Mar 22, 1999 8:39 AM Flag

    Pierre (? regarding SI post)

    If short interest increased 12% why do you
    attribute recent positive move (when did this occur?) to
    short covering. It sounds more like recent bottom
    pressure was caused by more short sellers. As new bottoms
    are reached some should buy to cover. Unless they are
    betting the company goes under. The increasing short
    interest will bring a nice pop if news is ever announced.
    There is no upside potential until this occurs.

 

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