Art,
Let me get this straight now---
Despite the fact that you believed that NTOP (this "Pig" or "Dog" stock, as you called it), you covered your short position in the $6.20 range? Then you went long 10,000 shares at $5.80, despite your belief that NTOP would dip below $4.50. Then you averaged down to $5 46 by purchasing another 12,000 shares, continuing to be convinced that this "pig" stock would go below $4.50. Do we have that right?
Obviously, you know how to play this NTOP stock like a "fine fiddle"
As for your, "Those who watched it go to $8.39 and down to the 4's have gained nothing while I've made my money in the interim", please recall my post to you in January;
To:Art Baeckel who wrote (29987)
From: Jules B. Garfunkel Monday, Jan 5, 2004 3:35 PM
View Replies (1) | Respond to of 30201
Art,
Your, "I would love to hear what Mr. Pink has to say about these 2 pigs of Jonas. I am still short 8000 shares, but I did so without Mr. Pink's blessing. When I saw someone asking about one of your dearly beloved, I simply followed through with NTOP."
What a wonderful counter indicator you are !
But, to make you feel better, I just sold some of my NTOP shares today, at $7.74. These were the shares I reported buying at $5.10 and $4.50, last month.
Jules"
Well, I will take your advise this time and start buying back those NTOP shares, that I sold in January, when they get to be around $4.50, or so.
Jules |
