Ask Jeeves,Inc-(Nasdaq-ASKJ) Message Board

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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ)

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To: rrufff who wrote (777)	5/28/2003 12:58:34 PM
From: rrufff	Read Replies (1) of 838

Got stopped out when it crossed 13 for a .80 loss. I'm not a big fan of stops and only use them on a fairly liquid stock. Glad I've done it lately. My last 2 shorts have been limited to small losses. ASKJ and AMZN. I shorted at what I thought were tops of large moves and set tight stops. In retrospect it was good strategy. I had a chance to get out of ASKJ with a small gain but felt it was so overvalued that it would go under 10. WRONG!!!! So much for trying to fight market excesses now. Will probably get back in as it approaches 20 LOL. Congrats to longs!! This is a great company and I made a ton long but just feel the whole internet info section is overvalued with the exception of CNET.

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