Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: CalculatedRisk who wrote (2668)	2/10/1998 8:09:00 PM
From: Bill Wexler	Read Replies (2) of 18691

Short TPRO now. I thought about this a little bit more, and I changed my mind... I'm going to take an initial position tomorrow morning. If the stock stays flat or starts moving down, then I'll short increasing amounts on any upticks until closing. The volume today was nearly 20x avg. Looks like churning and the climax of a pump and dump. I would have been a lot less suspicious if TPRO made this move on 3 or 4x avg. volume. I'm now 99% certain that the Intel rumor was floated for the sole purpose of pumping the stock. I'll cover below 6, though obviously, this one is going much lower in the long term.

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