Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject	4/28/2001 9:29:13 PM
From: Michail Shadkin	Read Replies (1) of 6873

GENI - here is my take For the record, I have no position in this pos scam and have never traded it yet. But, I do know how this movie ends. Eventually this pos scam will get delisted and go to zero. A very high short interest only means 1 thing - the smart money believes this company is just hot air. That said, you can be smart, but way too early. I would rather short this scam after it breaks, then try to find out how high the crooks want to push it up. So, if this pos drops 20% off its highs, rest assured I will be trying to short immediately. The shares are very hard to borrow in GENI, so maybe your first entry count. Another interesting thought: reason for incredibly high short interest could be insiders are shorting, instead of selling, to cover up their true intentions. This pos scam has some of the worst fundamentals I have ever seen and gravity will soon show its ugly face.

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