re: empire strikes back, page-2

re: empire strikes back 'One theory doing the rounds on the rising share price was that investors with short positions on Telstra were being forced to cover their positions after a switch to defensive stocks generated buying interest in the company.'

I liked that quote from an article by Alan Kruger - thanks for posting it Michael.

It is probably a very good explanation for part of the recent rise in the share price.

Every time that I think about getting a few Telstra shares yet another threat by the ACCC comes to light or a certain senator starts mouthing off.

Just standing back and watching what seems to be going on makes for a great puzzle. Is the Government going to sell the remainder? If so why do they seem content to drive the share price further south?

I know that the ACCC is an idependent body but Telstra never seems to be defended by the principal shareholder.