Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.570

+0.6%

3:59 PM EST

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To: Bill Wexler who wrote (9037)	2/13/2003 4:04:58 PM
From: Kevin Podsiadlik	Read Replies (1) of 10293

Ah, but you see, she's shorted SO MUCH of it that she's afraid that she can't cover it all without spiking the price to the moon. Poor dear doesn't realize that, by only doing 1-2 thousand shares a day (derisively referred to as "small potatoes" by some ignoramuses) one can ultimately cover quite significant amounts of shares without jamming the price on oneself. I'm afraid she's so been indoctrinated by the "short-and-hold-forever" gurus that she can't grasp the mechanics of trading in and out of positions. More's the pity there.

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