Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who wrote (986)	5/24/2001 2:28:51 AM
From: XBrit	of 6873

SNPS and now NMTC, you're playing in my former backyard. NMTC has been a very well behaved POS this year. Every PR-driven surge is followed by a big retrace. Really easy to trade, nice uncrowded short, and way way overvalued. The latest run is a little different though, it appears to be slow and deliberate rather than a knee-jerk. Volume is high and evenly spread through the day. I think one or more mufu's or hedgies have decided to accumulate in size. So whatever, there are maybe 2-3 money managers driving this whole rally. As soon as they're done NMTC will be a good short again.

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