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Technology Stocks : Semi Equipment Analysis
SOXX 306.28-1.0%Dec 4 4:00 PM EST

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To: Ira Player who wrote (7262)11/27/2002 1:31:25 PM
From: Kirk ©   of 95525
 
I have nothing against shorts.. they help make the market.

Just to think they will not work to drive the price down is naive. It is well documented they will pick targets to short then hit the message boards to try to drive out vocal longs which can then talk others out.

I said from the beginning that my example had "issues" but is should be clear to all that if the guy you pay to help you make money is betting against your company, then you would fire him no matter what the law says.

Shorts gang up to try to drive prices lower and Brian's fears of that from our new poster are valid, even if she was just looking for information.

Also, bulls gang up on stocks to tell others to buy so their shares go up. No different.

BTW, if you go to an auction and want to bid on some art, would you announce before hand your plans and price targets as she did?

Kirk
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