1. Try the complete record, kids. On SURE, my point is clearly in the post:
Just a word of caution to newbie shorts who may be lurking here.
"Caution" is a long ways from absolute declaration or "calls". Ask anyone who went broke in the ADSP squeeze.
2. In KOPN, I covered the short at 12.15 on October 29. It was a trade with a target that I ended with a small profit short of the target. Gee, that has never happened in the market to anyone else, has it? Notice where I mention KOPN could squeeze hard so it was more prudent to cover?
BTW, I posted my cover on SI like all my trades. If you folks were interested in a comprehensive view instead of cut and paste sniping, we could have a real discussion. Everything I do is chronicled on SI - Mad can ignore it if he likes but I will set the record straight whenever there is a question.
To:Michael T Currie who wrote (27736) From: Dale Baker Monday, Oct 29, 2001 4:17 PM View Replies (1) | Respond to of 30434
Congrats, I am in from 13 now so 20.50 is my bellringing point. Covered KOPN short at the close; may go lower but KOPN was close to my target and it really bounces in a rally. Take the money and run.
;<)
3. AM closed at 16.88, an even 25% over the 13.50 level it traded at when called short. Maybe someone should have been more cautious there too. Most traders use 10-20% stops and lost money if they followed their system.
4. "mad"
PRONUNCIATION: AUDIO: md KEY ADJECTIVE: Inflected forms: mad·der, mad·dest 1. Angry; resentful. See synonyms at angry. 2. Suffering from a disorder of the mind; insane. 3. Temporarily or apparently deranged by violent sensations, emotions, or ideas: mad with jealousy. 4. Lacking restraint or reason; foolish: I was mad to have hired her in the first place. 5. Feeling or showing strong liking or enthusiasm: mad about sports. 6. Marked by extreme excitement, confusion, or agitation; frantic: a mad scramble for the bus. 7. Boisterously gay; hilarious: had a mad time. 8. Affected by rabies; rabid. TRANSITIVE & INTRANSITIVE VERB: Inflected forms: mad·ded, mad·ding, mads To make or become mad; madden. IDIOMS: like mad Informal 1. Wildly; impetuously: drove like mad. 2. To an intense degree or great extent: worked like mad; snowing like mad. mad as a hatter Crazy; deranged. |