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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: Dante Sinferno who wrote (20)2/21/1998 3:58:00 PM
From: Bill Wexler  Read Replies (1) of 4634
 
I looked at BFIT

I originally shorted this at 19 and covered at 20 for a loss. Even though I agree with the assessment of the financials (my original reason for shorting), this company seems to have a dedicated management team - both in terms of building the business and promoting the stock.

As such, it may still be a bit too early to short the company. It still looks like it is under accumulation and will only take a good drop if general market conditions get worse.
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