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

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To: rupers who wrote (69)5/1/2001 12:57:00 AM
From: Michail Shadkin   of 6873
 
Rupers, re: RIMM
I was short that pos from 80 and covered 1/2 at 35 and 1/2 at 30
I hate their business. tremendous competition, price war, palm dumping a ton of devices on market (old inventory)
Only reason I covered RIMM was their cash/share around $10
If it wasnt for that, i would still be short that pos blackberry on a ride to hell.

XLA been there, done that. Another total pos.
But I hate trading AMEX stocks.
I have had poor luck with XLA, so im staying clear.
They are a PR machine, the pump never ends.

Good Luck to you in both.
Michail
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