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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (15847)11/27/1999 8:16:00 PM
From: If only I'd held  Read Replies (2) of 57584
 
Rande, I have to tell you....

I don't think it is short-sellers leaving open sell orders out there. I maintain that they are daytraders that just want to get out even or with a meager profit. I doubt there are any shorts in the stock at the moment. There has been opportunity for them to cover. ADSP was nothing more than an orchestrated short-buster. Somebody was out to slow Anthony and Tokyo Joe down. Maybe even wipe 'em out. The truth will eventually surface on that one. I shorted at 54-1/2 and covered at 35....live on Anthony's site and called the play live at TJ's thread. That was my only trade in the stock.. There is no short play in ZNDT under 50

I'm talking a buy on ZNDT for shear investment reasons. The stock will just plain shoot up one day, and stay up. But until it does, the float is controlled by idiots. I don't care if shorts are in the stock. This is the type of issue that Warren Buffet would buy. I have read Buffetology twice, and this stock is dead in line with his style of investing. It is undervalued by a huge margin, but the float is small, the market is full of daytraders, and the right person hasn't stepped up to releive these idiot market makers of their position.

What happened to those shorts in ADSP was criminal. They will win in the end because ADSP will eventually drift right back down to where it came from. They are in a much better position than someone going long and letting it go against them in my opinion. They are just gonna be quiet for a while, that's all.

Greg
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