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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis
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To: Q. who wrote (764)12/1/1997 10:51:00 AM
From: Dale Baker  Read Replies (1) of 2506
 
I appreciate the legwork since I can't really do it from here. I shorted SHEL based on consistent losses and a drop below long-term support, plus the lack of any news which could hint at a turnaround as the year-end approaches.

We will see how it goes. I like holding shorts in lightly followed companies with little chance of a quick squeeze. MICCF is another one I have like this.

Keep up the good work.
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