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Non-Tech : The Critical Investing Workshop

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To: bonnuss_in_austin who wrote (26600)7/26/2000 8:18:57 AM
From: im a survivor  Read Replies (1) of 35685
 
<<shorting jdsu>>

Who know's...maybe you get a great one or two day play. But the kep phrase is "who knows".

With that in mind, I think it takes a steal set of balls to short a gorilla like jdsu. What your doing, as VOLT says, is playing the casino...trying to time a one time event, which is difficult to do. As I said, who know's...maybe you do get a nice short for the day, but then again, what if they blowout numbers and announce a split or something...could be over $150 in a blink. Again, my point is "who knows" what will happen til afterwards, and I personally would not want to be short a stock that has been as hot as JDSU simply because a one time event may bring it sown some....and may not.

If I had to guess, I would agree and say that jdsu comes down some...but thats just a guess, and all my steel balls allowed me to do was cover the rest of my jdsu with Aug 150's. I did this when jdsu was at 136 - 138, and I got
10 5/8 for the calls I wrote.

Good luck

keith@whatamessedupmarketthisis.com
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