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

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To: xaver17 who wrote (2078)6/12/2001 11:37:36 PM
From: Michail Shadkin   of 6873
 
Xaver17 - my thoughts on WEBX

Lots of hype and lots of air.
I shorted them on may 24 at 22.34 and covered at 16.85 on may 30

Tons and tons of 144s filed
biz.yahoo.com

cap is 688 million
cash is .63/share
price/sales is 11.42 (oh boy)

Last 4 quarters EPS:

-.49, -.58, -.39, and the latest is -.21

july quarter expect -.20
2001 expect -.51
2002 expect +.30 (I will eat the palm tree in my front yard if this happens)

I am following this one close, will start a short position around 21.

traderpulse.com
Michail
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