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Non-Tech : Auric Goldfinger's Short List
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To: jbe who wrote (5025)4/16/2000 3:58:00 AM
From: Dale Baker  Read Replies (1) of 19428
 
Picking new shorts from the NASDAQ new 52-week low list every day has been very profitable lately. In a bearish market climate, no one will step in to support these stocks. They just keep going down.

And the % return on a $10 stock that goes to 5 is the same as a $100 stock that goes to 50. But the small nuts seem to crack more easily and have fewer squeezes.

So much garbage was IPO'ed in the last six months that short pickings are pretty good.
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