Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (2166)	2/2/1998 11:59:00 PM
From: craig crawford	Read Replies (1) of 18691

OK, I've found another one for you Roger. This may not be as good as DIGL but it could prove rewarding. Former high flyer OCCF. Went from 10 to 136 in a couple of months. Split adjusted I guess that would be 2 1/2 to 34. They come out with the most pathetic earnings reports yet their stock manages to bounce back to the double digits. Here is a YHOO quote. quote.yahoo.com Here is their YHOO profile: biz.yahoo.com Only one problem I found so far. The float is small (2.7 million) and there is a sizeable short position. (900,000) Very dangerous. Looks like some short covering has driven the price up recently. That is the ONLY thing that could be propping this stock up. Like I said, might not be ideal for everyone. Actually ZITL is probably a better short even though I think the heavy short position is propping that one up too. Thought I would point out another insanely valued stock though, if only to provide an example of a what a small float plus a big short position can do for a stock.

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