Shorting stocks: High fliers Message Board

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Strategies & Market Trends : Shorting stocks: High fliers

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To: Mad2 who wrote (691)	7/10/1999 2:18:00 PM
From: RockyBalboa	Read Replies (1) of 709

Mad2, you mentioned BVSN. As a short I guess? BVSN looks really richly valued, but it has some sort of gorilla appeal. It did not lose much in market slump, and always recovered and stayed ahead of important technical support points. It consistently makes new highs after weaker periods. Back in January when it reported I got to know the first impressions in BVSN trading with limited sucess, when I shorted at $41 on the day prior reporting day. I rode it up 6 points, and covered for a wash when it sold off back to the $40 level the other day. Since, it was not much to earn on the short side, except after the frenzied April level and the following sell off.

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