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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (6846)11/11/1997 9:14:00 PM
From: Pancho Villa   of 9285
 
Roger, A similar mistake. I first got interested in shorting IPIC because it barely moved the day of the announcement. On Monday(?) Sept. 15 it closed at 167/8. It placed a limit order to short the shares at 167/8! plenty of volume at 163/4 on that day! I did not short until a couple of days later at 137/16 over 3 dollars lower! I am yet to make that much on the short!

Pancho
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