SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1997 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric Klein who wrote (5143)9/4/1997 9:52:00 PM
From: Hank   of 9285
 
Eric,

Unless your idea is to short DDIM for a long term hold, tomorrow may not be the best day to short more. I shorted it the other day at 34 5/8 but I only expect to cover at 32 this time around. The inflow of money into this stock has started to pick up steam again and todays drop was not severe enough to carry the momentum much further tomorrow based on technicals alone. I am going to try and cover tomorrow at 32 but I won't be surprised if I don't get it. That IBD article has yet to take full hold and may ultimately push this stock much higher once the trend reverses and all the "dreamers" start chanting "Buy on the dips!" once again.

Hank
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext