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

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To: brad greene who wrote (13585)7/6/2000 10:49:42 AM
From: Mama Bear  Read Replies (1) of 18998
 
"CNC was a 180% move from $4.75 to $11.50.....in 5 trading sessions. "

I wonder why you exaggerate this...CNC hasn't been 4 3/4 since May. I'm pretty sure that there have been more than 5 trading sessions. I guess 6 7/8 to 11 1/2 in 5 sessions doesn't sound as impressive as 4 3/4 to 11 1/2, but it's historically accurate.

chart.yahoo.com

"Did you see the millions of shares of ENTU shorted today at under $40?"

How in the world do you tell if they are short or long sales? Answer: The above statement is just more hyperbole.

"Shorting a stock that is already 75% off it's high takes balls of steel....or brains of applesauce......maybe both."

Hmm, judging whether a stock is priced right based on it's historic high. What a novel and inane concept. BTW, FP tripled off of one of it's lows, as did Iridium, and Enamelon, and the Panda Project, and a whole host of other companies in their death throes. It didn't stop them from dying.

Regards,

Barb
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