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Strategies & Market Trends : Crash and Burn 2001

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To: Dale Baker who started this subject8/3/2001 1:22:28 PM
From: xaver17  Read Replies (1) of 207
 
ZIXI, NLI, MEDC

Dale, you are right with ZIXI, I shorted more ZIXI into earnings and covered the next day with a nice profit. Again the promise of the subscribers to come. Next quarter will be a even bigger hit, I guess I will load up puts before earnings.

I had a mental stop loss on NLI at 10.- and covered 20% of my short position for a reshort later, but it just looks as if it stopped climbing.

MEDC seems to have problems today, I don't know when it will crack, I think around $ 40.- is a good start for a short anyway. I started at 30.- and added a few puts around 41.-

Xaver
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