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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (13007)9/27/2002 6:43:58 PM
From: mishedlo  Read Replies (1) of 16631
 
But again, the point was that the "shorts" COULDN'T have known anything was wrong, because there was nothing publicly exposed and they were beatings earnings soundly.

Dave this is TOTAL nonsense.
"beating numbers"
shorts probably figured out ESST was channel stuffing.
Just like CSCO and INTC did. Eventually if PCs do not sell, DVDs, VCRs, whatever (you name the product) flash memory is another, and products that use that technology are not selling then there is going to be a big problem.

You freely choose to believe management when rising short interest and lack of sales on EVERYTHING at places like Best Buy are signaling otherwise.

So you come to the conclusion that no one could know and that conclusion is WRONG WRONG WRONG. The channel stuffers are hoping for a miracle and demand picks up. The shorts see it is not happening.

Was clear as a bell.
Rising short interest is a big big sign of a problem.
Shorts do there homework.

M
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