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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling
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To: Kirk Messmer who wrote (3514)7/9/2001 9:20:33 AM
From: Cosmo Daisey   of 6873
 
Kirk,
""""Consider the investors: Wayne Huizenga, Bill Gates, Jack Welch, Jack Welch's secretary, etc. All fine and smart people, but not traders, and shorting and boxing may not be in their mindset (or even vocabulary).""""
The first investor in this group probably was pitched by a broker or manager, a 30 sec. phone call from someone who performed in the past. The others likely joined because they respect the first guy. Picture this: "Jack, this is Cheatum, how are you? Bill and Wayne are ahead of us on this one but there is still time to get in." Or, picture the three of them at their computers reading SI Hot Subjects for ideas. The other more likely story is their portfolio managers did the deal and told them about it later.
cdaisey@harry'sbar.com
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