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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: get shorty who wrote (16700)7/6/2002 4:57:09 AM
From: Dale Baker  Read Replies (2) of 18998
 
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.
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