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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (2268)6/10/2000 4:33:00 PM
From: anandnvi  Read Replies (1) of 30051
 
Tim, re MSTR and shorting it, I dont like the company's deceit and questionable practices and would like nothing better than helping it back to where it came from. But that is my personal, emotional opinion. If this $100M cash infusion is true, there is obviously some creditor out there who;s done enough DD - $100M worth of DD - to be convinced about the future prospects of the company.

It might be more prudent to wait for the establishment of a downtrend before opening a short position.

Of course, since you post in the mstr board, you clearly know more about the stock and the company than I do - thanks for any insights you can provide.

Anand

PS Beautiful weather today, and Im off to get some sun.
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