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Strategies & Market Trends : Roger's 1997 Short Picks

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To: ted birnbaum who wrote (8070)12/9/1997 11:58:00 PM
From: Pancho Villa  Read Replies (2) of 9285
 
TB: are you crazy? BFIT is a long term short! you have to be patient! There is no way you will ever time a short so that you enter at the peak and then enjoy a free fall. If you read their fiancials and are familiar with the business you would be more confident that the stock will not deliver and will fall.

IMO even though you may short a stock that has had an incredible run up in price and make a quick profit in a few days, this is not something easy to do. It is easier to pick a real dog and be patient. IMO you must have at least a 3-6 month horizon to short BFIT

Pancho
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