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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (9277)8/11/2000 10:32:01 AM
From: David Lawrence  Read Replies (1) of 9285
 
Gee, it only took 3-1/2 years for that prediction to pan out, Roger.

>>CTXS now 39 target 20 [Jan 2, 1997]

But wait! Since then, there has been a 3:2 and 2:1 split. At a current price of $19, that's $57 split adjusted, which is 46% and 185% above your initial shorting price and target price, respectively. 3.5 years of margin and a 46% loss. A pretty lousy short, if you ask me!

Keep trying!
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