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: Steve Fancy who wrote (4548)	7/23/2001 10:36:05 PM
From: Michail Shadkin	Read Replies (2) of 6873

Steve Fancy - Re: ALTR and ONIS I love to hit and run in the current market environment. Take your profits while you can and never look back. I sold rest of ONIS in AH. I have seen far too many times lately stocks being up in AH, only to be red the next day. ONIS is a pos with tons of insider selling and proforma losses. ONIS can be a very volatile stock. Your statement: "I think optical and networker stocks may have pretty well bottomed" I dont think we are anywhere near the bottom in these 2 sectors. Even if we are, things will not improve for a very long time. This still leaves us with incredible valuations in these sectors and these valuations have to come down. I held on to ALTR, as they are not very volatile. They tend to hold up very well in spite of very bad news time and time again. I dont feel there is much short term risk in this stock. Btw, unlike ONIS, ALTR might be overvalued but they are not a pos. I would say the risk in ALTR is probably 2 points max. If it becomes more than 2, then my current shorts should more than make up for it. I see ALTR over 30 on any kind of NAZ bounce. Michail

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next