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Strategies & Market Trends : Value Investing
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To: Dale Baker who wrote (12269)4/3/2001 10:02:27 AM
From: Bob Rudd  Read Replies (1) of 78742
 
Dale AREM: I looked on Auric's board for some sort of insight - what I might be missing, but the jist of it seems to be that he thinks it's another LHSP because they do some business in Central Europe. I doubt many fundamental shorters would hang their hat on that. While I never shorted LHSP, I followed the situation and it was very different from AREM.
If there is a large short position and AREM continues to perform, they're going to help fuel a helluva rally once the market finds the elusive "Price too low"
Your first comment on fundamentals rings true - I had sold half my prior position near the top, but failed to bail on the trend line break thinking the fundamentals were too strong to permit more than a minor dip. That was a mistake.
I bought more this morning.
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