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Strategies & Market Trends : BFT: Will the tulip craze ever break down?
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To: Jeff Jordan who wrote (75)3/12/1998 10:02:00 PM
From: Pancho Villa   of 650
 
Jeff and all: I think you are making a mistake when you assume our discussion of BFIT is an invitation to short. I think each one has to decide for him/herself. Do you suggest be stop discussing the company? Please understand wa can not add a disclaimer to each post saying that the post should not be taken as an invitation to buy/short.

YES BFIT IS A DANGEROUS STOCK TO SHORT, AS ARE ALL STOCKS! THE UPSIDE POTENTIAL HAS NO LIMIT! YES IT CAN GO TO 30, 35, 40, 45, 50, 55....1000 IF YOU ARE NOT READY FOR IT, DON'T SHORT IT, OR SHORT SMALL AMOUNTS OF THE STOCK.

All I can tell you is that if you went short the stock 1/29, you are doing much better than me. Why did you short on 1/29? we have been talking about BFIT since last November. I guess you had enough time to make up your own mind. I started shorting this puppy at 17+, and belive me, I am underwater by an amount that is an order of magnitude larger than yours and then some. Are you playing options? if that is the case, I must tell you:

.YOU WILL NOT FIND A SINGLE POST AT SI IN WHICH I ENDORSE OPTIONS AS SPECULATIVE INSTRUMENTS (I.E. NAKED). IN FACT YOU WILL FIND A BUNCH IN WHICH I EXPLICITLY MAKE NEGATIVE COMMENTS ABOUT THEM.

What do you suggest? should we stop discussing the stock? Our discussion here is the only way to expose in detail the accounting financial health and business prospects of this company.

I guess the name for the thread resumes it pretty well. Yes I am thinking about it... will it ever break down?

Pancho
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