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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (21912)3/8/2000 1:14:00 PM
From: Rande Is  Read Replies (3) of 57584
 
Careful playing against that short position in BEBE.. .I have a feeling this one is destined for the depths, despite the success of its stores. . . sometimes there are factors that bear on a stock that are unrelated to the company's performance.

Might be worth playing with tight stops. . .buying dips and selling peaks. . . but every once and a while a stock will come along that does an IPO in the 50's. . . and for reasons beyond what individual investors can see. . .drops to the single digits, before getting delisted. . .

If BEBE can maintain their earnings and not get caught up in dramatic expansion, they could turn things around. . but the downward momentum has been radical.

Anyway. . .I felt that additional warning was in order here.

Rande Is
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