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Strategies & Market Trends : P&S and STO Death Blow's

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To: jjstingray who wrote (30290)7/2/2003 5:28:40 PM
From: Jeff  Read Replies (1) of 30712
 
go ahead and short them......most you could do is 100%...and thats rare....longs made killings on them 5-10 times that much....and thats the norm....

and going from 2.00 to .35 is nothing like going from .35 to 2.00.....

you need a math lesson.....

say you have 10k....

at .35 cents....you can buy just say 30k shares....the stock runs to 2.00.....

thats 30k x 1.65....thats 49k....$$$$$$$

now that same 10k.....

you could short 5k shares at 2.00.....

stock goes from 2.00 to .35.....thats 1.65 x 5k shares....thats 8k.....

same money....49k long....8k short....

shorts have no clue in this market....the math kills them....

crappers are all about the amount of shares you can buy at cheap prices that multiply like an adding machine......

shorts missing the long side on these...and shorting rallies....

will "never" get out of the hole they dug themselves this year....

and if we do a dow 30's... 38% retrace in the next year or two......shorts will be wiped out......
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