Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Mama Bear who wrote (9223)	1/2/1998 11:07:00 AM
From: craig crawford	Read Replies (1) of 9285

<< FIBR is really not a huge % of my portfolio Craig, so it's not a huge risk. >> It should be zero percentage of your portfolio. Maybe in actual dollars it's not a big risk but percentage wise it is. << There has been one insider (not plural) selling some shares, and it was less than 5% of his holdings >> I've seen multiple insiders selling shares under $3. << I also understand he got a little carried away with the companies future prospect last year, and bought some on margin >> The most pathetic excuse I've ever heard. If he bought a company he runs on margin and then watched it slide to 2 forcing him to cover margin calls he is a fiscally irresponsible individual and incompetent to run the company. (Of course I don't believe that was the case, I think it's a made up excuse). << Oh, why is the FIBR insider selling important, but the CIEN insiders rampant dumping of 100's of millions of dollars of stock not in you estimation? >> HOW ABOUT BECAUSE FIBR IS 90% OFF IT'S HIGHS AND IN A STEEP DOWNTREND!! THE STREET HAS NO PROBLEM WITH INSIDERS FROM COMPANIES LIKE CIEN, MSFT, DELL SELLING SHARES TO ENJOY THE FRUIT OF THEIR LABORS. THE STOCKS KEEP GOING UP!! FIBR'S STOCK IS 90% OFF IT'S HIGHS YET INSIDERS ARE STILL SELLING! << I don't want to fight with you either. I do however think you got what you deserved for perpetuating the lies and distortions surrounding the company >> WHAT!!! WHAT LIES???? All I did was come on the thread and say FIBR was a big scam and I was short. FIBR was 80% higher from todays level. You and your pals on the FIBR thread however have been trying to con as many people as you can into believing that company has some value. If anyone is distorting the truth it is you! I'll tell you what I deserved and got. A handsome profit from shorting that worthless company!

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