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Non-Tech : Radica Games (RADA)
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To: Wayne who wrote (2901)2/25/1998 7:27:00 PM
From: Gary105  Read Replies (1) of 7111
 
Just speculation on my part but I would guess there is both professional and amateur shorting. The professional strategy would be the following:

1. Find a volatile stock (like Radica) and play it.

2. Time short points when stock is going ga ga.

3. Cover during correction taking approx 20% gain and then get out of the way, letting stock run up.

4. Repeat step 2.

My guess is the pro shorts are playing the volatility and making $, attracting amateur shorts who are losing their shirts.

All imo,

Gary
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