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Hudson City Bancorp, Inc. Message Board

  • encore122 encore122 Dec 29, 1999 4:41 PM Flag

    If I knew then what I know now...

    Pell4,

    1. If you look more closely at the
    insider buying you will note that most of it was done in
    connection with the IPO. Only one director, John Birchby,
    bought any substantial amount in the open market
    subsequent to the IPO.

    2. A high short interest
    provides a good underpinning to the price of the shorted
    stock...after the shorts cover that under pinning is gone. So a
    precipitous drop in the HCBK short interest is NOT
    necessarily bullish.


    Aside to Kootz:

    Does
    one have to be a Met fan in order to enjoy your
    benediction for a happy New Year?

    Jack (fully Y3K
    compliant)

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HCBK
8.900.00(0.00%)Oct 22 4:00 PMEDT

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