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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michail Shadkin who started this subject	4/29/2001 12:14:44 AM
From: Michail Shadkin	Read Replies (1) of 6873

INRS - one of my favorite to trade INRS is a provider of Web content management solutions for intranets, extranets and the Internet. The Company addresses an organization's complex needs in publishing, updating and maintaining its Web sites by providing a comprehensive solution that eliminates administrative bottlenecks and automatically publishes content from native formats directly to the Web. For the nine months ended 12/31/00, total revenues totaled $44.6 million, up from $14.9 million. Net loss totaled $7.9 million, up from $559 thousand. Results reflect expansion of the customer base, offset by increased amortization and R&D write-offs. Estimate for current quarter is +16 cents Estimate for next year is +92 cents Thats a PE of 31.5 going forward. The company has not warned yet. I expect lower guidance in earnings report scheduled for May 3 3 large 144s filled in march by insiders Cash is 4.63/share market cap is 631 million Short Interest is 15.9% (pretty high, a good sign, shorts are usually the smart money) Very major resistance at 32 1/4 Minor support at 24 Major support at 17 INRS has shown great ability to be down significantly many times Current price is 29. I currently have a short position from $30 taken on friday. Short term target 25-26 Recommend a short position at 30-31 Stop at 32.75 So far INRS has been free money to me. 11 trades all profitable. All short. On up days, never short INRS until 12pm, from personal experience. Many Happy Returns

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next