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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (82697)3/20/2001 10:48:15 AM
From: Perspective  Read Replies (3) of 436258
 
<Just better chances shorting a stock that is priced in the 60's rather than the 20's or 30's ...>

Ah, someone who isn't playing my favorite end of the short game. My ideal target is a stock that is just about to be forgotten. I like to pick on ones as they enter the single-digit wasteland in a still-overvalued state.

Some of the best moves of all come when they crack below $5, as they lose marginability. I make it a point to double the position just before it slips under the surface for the last time.

BC
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