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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Tommaso who wrote (20877)	9/21/2003 1:45:37 PM
From: jrhana	Read Replies (2) of 39344

In the example I gave of RMBS it flew up 563% between 2/9/00 ($79) and 3/13/00 ($445) a classic short squeeze. Message 19325023 In a short squeeze you have to come up with capital to meet margin requirements or sell at a loss. All (naked) short sells by definition are done with margin buying power. The logic that it is not so risky is like saying I do not need a seat belt because I never had an accident Many went broke shorting the likes of AMZN and CMGI too early in their stratospheric rocket shoots.

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