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

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To: night_train who wrote (4418)7/20/2001 6:58:45 PM
From: Glass House  Read Replies (1) of 6873
 
OK Night, you took my needle calmly, without going off. So a straight answer is that I know ADIC very well and when you predicted it would go up I remembered it.

If you care about the company, the only way to trade it is to watch what their scummy CEO does, because he is the ultimate inside trader, (thanks to a SEC that doesn't care). ADIC never goes up after their CEO dumps, and he dumped big time the past two years.

I have seen him load up a week before positive news and unload major (six figure share amounts) before negative news. It will rebound but not for awhile.

Good luck, Glass.
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