Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Kip518 who wrote (2014)	1/30/1998 9:09:00 PM
From: Pancho Villa	Read Replies (1) of 18691

WDRY: >>When to short? I have no advice for you. I am already short.<< I will hold until I cover my CNC short and possibly IPIC when calendar Q$ results are announced. I have no doubts this puppy will eventually crash. IMO the patient shorter will be rewarded significantly. If the tremendous leverage is put aside (one of the most attractive features of shorting WDRY), BFIT (I am very heavily shorted) is a better short. Margins are worse and management has no plan (does not have the opportunity) of pursuing a growth strategy. Pancho

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