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Non-Tech : Save The World Air Inc. (ZERO)

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To: Q. who wrote (375)10/31/2000 12:35:58 AM
From: peter michaelson  Read Replies (1) of 445
 
John:

Congrats. I am still holding some shares short also. Doesn't look like ZERO can go anywhere.

Did you ever do any BIFS. Never got to the price of ZERO, but the valuation was nutso - still is in fact.

In my post you linked to, I never meant to question where the stock would be in a year.....what I wanted feedback on was what you would do, in reality, not theory, if the price rose to $20, $30.....and beyond.

One of the main stumbling blocks in shorting is that we never know what the limits to the mania will be, and losses can accumulate quickly if stop losses or other strategies are not adhered to.

I was wondering what your trading strategy was to deal with the unlimited potential loss facet in a manic market.

Again, congrats.

Peter
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