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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (251)11/16/1997 10:20:00 PM
From: ApplebyRead Replies (2) of 118717
 
Dale,
It's pretty easy for me to remain optomistic about BNGO even though i'm "down" to a 287.10% gain for the year. But I really think it has some long-term potential, and is a bargain these days.
I can see where there is money to be made shorting these days. I can also see that you'd better know what you're doing to get into it. The most you can lose on a long play is 100%. That's not the case with a short squeeze. I've been watching CSMA for about a week.. when it was at 1/2 now it's at over 1 1/2. 160% wouldn't have been bad for a weeks investing (which i didn't do).
CSMA may go way higher, but it's too late for me to buy in, in fact i would have sold by now. I like the premise of buying in on a short squeeze, to double money quickly. There doesn't even need to be a real short. The hype from the hint of a squeeze can take the stock that high.
Do you know of any shorts that are ripe for squeezing?
Ed
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