Anthony @ Equity Investigations, Dear Anthony, Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Anthony@Pacific who wrote (712)	12/11/1998 6:31:00 PM
From: Pluvia	Read Replies (2) of 122088

<<So what up on RFMD...isnt this dangerous?>> Life is dangerous. <vbg> I traded this for 1 5/16 clip today, it trades very thin and the existing shareholders must love it because they don't seem to be selling - even after a 9+ point gain. Pigs. I got 1 1/16 out of ORCL on a sell the news, (and luckily cover before the day end rally!!), just to help you understand what I'm trading these days - I hoped to get more out of both but they just wouldn't give it up. I like RFMD to give some of today's gain back. It's overextended, short interest is very low and the market overall is soft. But make no mistake, this is a short on a very good company that is just overextended - keep that in mind. In certain market conditions I like to short the good companies that run because they are not crowded with shorts trying to cover on the way down, as many of the known "go to zero" crap companies are these days. But the way it traded toady concerns me. At this point I think it's safer to wait for it to soften up a little before shorting more. With that said it will likely open down 2 on Monday!! We'll look again next week, hope everyone has a great weekend. Cheers Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next