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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mama Bear who wrote (13588)7/6/2000 11:53:44 AM
From: brad greene  Read Replies (2) of 18998
 
Packs of Shorts

Barb,

Yeah....whatever. It was great......shorting CNC at $5.00 was an error......there was a squeeze. What's the big whoop?.....You guys can take the short position to 100 million shares now....yes?

I don't short stocks....I wait for you guys to go too far.

IMO, the internet has enabled packs of shorts.....that often go overboard, creating unusual long chances. I have done very well following these packs around.....and I think there are more longs who are figuring out how to prosper off of these "modern capitalist mavericks".

They are doing things like shorting ARBA at $52.00.....IBM at 88.00.....and VRSN at $95.00. They go after smaller stocks with more vigor....but those situations can be the best.

Ask them about PRKR.....Mistakes are made.

Still waiting for PRKR to go to zero?......Those shorts at $17.00 are looking darned good now!.......<gggg>

You short out 60% of the float of a major player in the computer security sector.......after the stock is already 75% off the 52 week high? Hmmmm.

Yikes!........I smell a new 450 SL out of ENTU.

E-commerce will not work....if it is not safe......and it is not safe now. VRSN and ENTU are your two space dominators.

Happy Trading.......Shall we do CNC again?

bg
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