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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Mama Bear who wrote (24930)10/19/1999 6:54:00 PM
From: SLSUSMA  Read Replies (1) of 27722
 
No. And for 2 good reasons:

1) Rode it to $40 and making the most he has ever made implies going long. If the scenario was riding to $40 as a short, then try and follow this line of though: the top for SKYM was $48; assuming you shorted at $48 (not likely very many shares), the most you could have gotten was $48 minus $40 or $8 per share. A man who moves millions can surely do better than $8 per share for a stock that moved from $6. SKYM was the best play from $6-12 all the way to $45 or so. Then it was another great one from $45 down to $8. Perhaps your friend meant the say that he rode it FROM $40. However,

2) In my previous post I said that he was bashing SKYM during the run. However, he responded by saying that I was wrong and had it backwards; he was pro-SKYM unlike some other guy (Goldfinger, was it?). His post obviously does not reflect that (pro-SKYM).

In the future, perhaps you need to read the full exchange before butting your head in. Perhaps you need to re-read the posts again.

Regards,

USMA95
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