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Non-Tech : Sports Authority (TSA)

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To: Jason W who wrote (69)9/23/1999 7:56:00 AM
From: David Spruiell  Read Replies (2) of 94
 
Thanks Jason, I don't know what will happen, I agree that it looks bad(is bad). Rob & Hump rated it a ST Sell yesterday, I do use a contrary strategy sometimes, to buy when everyone else is selling. Thus risk rears its ugly head. I also suspect that when the analyst tell us to strong buy at $23 and sell at $1 5/8 they are telling their traders to do the contrary.
Buy into the fear and sell into the confidence.
High risk, yes, but that is where the profits are. Remember that this is coming from a person down $1 1/2 from $3.10 entry
David
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