Shorting stocks: High fliers Message Board

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Strategies & Market Trends : Shorting stocks: High fliers

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To: Mark Marcellus who wrote (706)	9/16/2000 10:01:07 AM
From: Q.	of 709

Now that I short BB stocks, I sometimes stay short for a year or more. That's because a BB scam that gets pumped to a $500 M market cap provides a good shorting opportunity, and then the company predictably does nothing and wastes away. Investors (i.e. victims) become discouraged, and the stock declines into the pennies. You make >90% on the short. The only reason not to remain short indefinitely is to avoid letting it become a shell that gets into a reverse merger and pumped up again. Remaining short approximately a year works well in these cases. It's really quite different from shorting nasdaq and listed stocks.

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