Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Phil(bullrider) who wrote (13584)	7/6/2000 2:46:54 AM
From: brad greene	Read Replies (2) of 18998

Last Laugh Bullrider, Waiting around for the last laugh usually means that your car has stripped bare when you arrive at the parking garage. CNC was a 180% move from $4.75 to $11.50.....in 5 trading sessions. It was overdone....and may not be over. IBM was dead too....you might recall. Gary Wendt is a wild card in this one. Did you see the millions of shares of ENTU shorted today at under $40?.....Yikes! Upwards of 30% of the 11 million share float may be in short position....could be more. 2x the float traded today!....40% owned by Nortel Networks......exploding sector. Watch this one. Shorting a stock that is already 75% off it's high takes balls of steel....or brains of applesauce......maybe both. bg

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