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Technology Stocks : Corel Corp.

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To: Stephen O who wrote (9613)10/4/2000 1:18:27 AM
From: Alomex  Read Replies (1) of 9798
 
How many 38c per share profits did you make before your current $5 per share drubbing on your current short?

I said yesterday: "don't count your chickens before they hatch", but you amateurs just don't listen...

The stock is up $2 and change, not $5. Moreover a "$5 drubbing" or even $2 assumes that I bought the stock at Monday's price, which is quite dumb.

My average entry price for the short is $4 and change (without including many profit taking transactions like the 10% gain which so unsettles the bulls here). I will likely close this short for a zero gain in a few weeks, and for a positive gain, if we include the profit taking along the way.

How about you Stephen? Somehow I get the impression that you bought Corel at more than $5 per share.
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