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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote (78)5/28/1996 10:17:00 PM
From: Yo Eleven   of 852
 
Cadaver, I managed to hold off buying ANCR.
In my opinion, it may see another few point decline before reversing direction. What do you think? This is still a money maker, I think.
I'm thinking about putting a limit order at 25. May get lucky tomorrow. Also, I found out it is not marginable. This is certainly a concern on the buy side.

Micron held strong after several downgrades today. Surprised the hell out of me. I thought for sure it would crack below 30.

DNA is looking prime for short, but it already has too many shorts. This requires ideal timing. You miss a beat, and you're finished. I think I will stay away from this one.

Best wishes.
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