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Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It?

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To: Dave Gore who wrote (20)5/9/2002 8:18:10 PM
From: Shoot1st  Read Replies (1) of 589
 
""""I understand, but I still would think that it would be easier for shorts to win if they picked on a stock that was so clearly overvalued. I mean everybody seems to be talking about valuation lately."""

check out RSTO.....some of the brightest people I know shorted this stock in the 5's......

I defined it as a "cult" stock....meaning...valuation had nothing to do with it....

I shorted it several times over 12$ and went long almost every time it dipped since I "knew" the masses would move it back up a bit....I suggested puts when it was around 13....never did get any myself...

I think this company is doomed...but that didn't stop it from taking many thousands of dollars from some very smart people....

the trick is to expect to be shot.....take what the market gives....out smart it when you can....which is rare...

and never focus on the "why did that happen"..it is a pure waste of time....

many men and women smarter than me have been trying to figure out the "whys" for decades.....many people dummer than me have made fortunes....

it's a game......with no conscience.....expect to be shot and protect yourself and your money.

SHootie
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