Bill Wexler's Trading Cabana Message Board

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Non-Tech : Bill Wexler's Trading Cabana

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From: Bill Wexler	1/12/2006 12:09:38 PM
	of 6370

Still no SUF to short...BUT... The fact that I couldn't get a borrow may have turned out to be a blessing in disguise. gave me time to think. It still may be too soon to short, considering the action in Asensio targets KFX and ENER. These stocks are ripping the short's eyeballs out. The problem I have right now is that there is no clear catalyst right now to send these stocks lower. In fact, their bullshit stories are looking better every day in light of persistent high energy costs. There is no defined endpoint for these stories in the same fashion as the Y2K hoax (perhaps the greatest shorting opportunity EVER, and one that made me, and other shorts, spectacular profits). Since I can't figure out if the energy frauds such as SUF, KFX, and ENER will get cut in half - or double next week, I'm just going to wait. There will come a time when these things can be shorted every day with impunity. Until then, better to sit back, relax and watch.

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