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Microcap & Penny Stocks : APA optics...APAT...very interesting..any thoughts.......

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To: ed doell who wrote (224)11/27/1997 3:23:00 PM
From: Duane L. Olson   of 342
 
Ed, Sage advice ! There is an intelligent way to do Shorts, and....
Part of the strength, I understand is that there is an open order under the stock, trying to accumulate a fairly large position... and there isn't much float here.
I am gradually starting to set new short positions again myself, but not in the APATs of this world!! I'd rather be short something like INTC or MOT (I've covered both for the time being, so feel safe in mentioning on the thread)..or even an IFMX, NOVL, or OAKT.
I hadn't heard the term "short trap" before...but will remember it for future use. Good chatting again, ED!! dlo
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