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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (6737)1/24/2002 3:19:30 PM
From: isopatch  Read Replies (1) of 36161
 
Roebear. Know you and I stayed away from this one.<G>

And hope nobody here got burned shorting it

finance.yahoo.com

Was heavily pumped as a slam dunk short a few weeks ago - in the 70-71 area - by a few of the regulars at HTP and Boom Boom who attracted quite a crowd to "take the plunge"<g> with them.

Everybody listen up. One of the classic plays for small to mid sized hedge funds and other savvy pros is to fade these web based herds when they all pile into a position because they want to be part of the gang.

Looks like it happened again today

Isopatch
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