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Non-Tech : Auric Goldfinger's Short List

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To: Dr. Seuss who wrote (3279)9/30/1999 6:09:00 PM
From: Ocean_Joe  Read Replies (2) of 19428
 
Recap and Sharing Notes (All are invited to do likewise):

SCF - Chart looks great for a short, open at am rally (if any) or if gapped down, go long and short later. 6.9mln float good. Rise is split related and due to today's market rebound. Anyone else have other info pro or con.

LUMM - Tech guys I know say it has a new breed optic chip now in testing at Intel. Chip is real and if tests bear out, its a long. Anyone else have info pro or con.

CIEN - Chart shows a downtrend, but no outward reason for any big drop. You guys know more?

ANCR - (I am a biased long) Chart shows today as a spike. Thomson Why watch shows 400k institutional buy interest message this am which fueled a short cover rally. May give back half the spike but be wary - presentation tomorrow may expose progress on many contract fronts. Be wary also because ANCR moved earnings announce date forward to be able to talk about it on the 19th at Orlando Morgan Keegan conference. My take is good things in progress.

MXT - Opened short. Thanks Auric. If gap down hard tomorrow, I cover. Short again the bounce. Your thoughts on exit point? How long do you guys usually hold.

PPOD - Opened short. Already almost 1 pt in th money. If gap down hard, I cover and reshort bounce. Otherwise, let it fizzle down. Your thoughts on exit?

GUMM, UNFY look like bouncing to make a right shoulder. Need to watch. GUMM very near short entry point. UNFY may take a day or two. Both are close enough to be near the precise point.

Any other stocks we need to review and plan?

Ocean Joe

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