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Gold/Mining/Energy : JAB International (JABI)
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To: DDS-OMS who wrote (1744)12/1/1997 12:42:00 PM
From: Jeffery E. Forrest  Read Replies (1) of 4571
 
I cannot believe your "brokers" are so stupid as to tell you there is masive short selling going on that is helping to drive the price down.

Perhaps his "brokers" are "stupid" like a fox?
I know and you know that this thing can't be shorted (except for perhaps some MM slight of hand), but a well placed RUMOR about MASSIVE shortselling could certainly work it's affect of placing some cheap shares into the hands of Mr. Millers "brokers".

The internet has let many inexperienced folks play the market that are ignorant about how things work.
I've seen more than one rumor start the ball rolling into an avalanche.

IF BCMD has the fundamentals, these shortterm swings mean absolutely nothing.
If you are a trader you have been able to trade the hell out of it.
If you are not a trader, HOLD the hell out of it.
If you are a long term investor that believes BCMD will prevail, you will also prevail.

In the long run BCMD will gravitate to its TRUE value. It may take a while, but it will happen. In the meantime it would behoove MOST of the folks here to tuck their shares away and take a look about once a month or so.
If it's not letting you sleep at night by all means sell immediately and get some rest.
++++++++++++++++++++
Curious about your take on BCMD's technicals.

I have been calling for it to hit 3/4 all along, but I sure don't like how it got there so fast on such big volume.

I've been getting some juicy trades out of it (flipped it once this a.m.), but if we break 3/4 I think we could easily see half that agin AND FAST.

Whats a mother to do?<G>
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