Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Bill Wexler who wrote (8190)	12/11/1997 10:23:00 PM
From: Pancho Villa	Read Replies (1) of 9285

Bill AOL and YHOO >>We can all agree that both of these companies are ridiculously overvalued. I believe the basic problem here is that they have simply become momentum stocks, i.e. people buy them because they have good stories and keep going up, while short-sellers panic and cover, causing the price to rise further.<< I will stay cool I have room to let these skrs. double. I am however shocked at the upgrades. You are right shorting more here is probably wise. I would have to kick something out to short more of them. Another candidate competing is Zona. (I don;t even know how it closed.) Pancho

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