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

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To: Michail Shadkin who started this subject5/15/2001 11:03:57 PM
From: Michail Shadkin   of 6873
 
John Lacelle - Re: HOMS

I think you have the right idea in being short this stock.
I am not as bearish on it as you and have a target of 15-20 by year end.

I been trying to trade this one a bit, as they have a nice trading range.
Shot 33-35 and Cover 27-29

This company has many accounting issues, as I am sure you know.
They pay for some of their expenses with stock.
They also have very questionable revenue recognition issues.
Basicly it seems they have paid for a bunch of revenue with stock in advance.

I seen this movie before.
These kind of things never end well.

Good luck to you in HOMS

Michail
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