3 replies to this topic

[hiker]

today's high touched the area of price failure from late 2004 -

weekly -



news today -

http://biz.yahoo.com...17/nvtl8-k.html

Edited by hiker, 17 May 2007 - 12:27 PM.

[Cirrus]

hiker--you're looking at a monster short squeeze here. 20% of the float short and you have a small cap with no debt and 3$ a share in cash. What are the bears thinking?

[hiker]

Cirrus...it seems from memory that NVTL has had a high short interest since 2002 or earlier. I have been long for a while and almost sold today. another 50 cents above today's high will be of interest. btw, note INTU test of the 50wk ema tonight. 20wk ema is of more interest in history

Edited by hiker, 17 May 2007 - 03:36 PM.

[hiker]

closing INTU long .50 to .73,..see Horizontal