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Non-Tech : Radica Games (RADA)
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To: bajaseatrader who wrote (2975)2/27/1998 4:27:00 PM
From: Hank  Read Replies (1) of 7111
 
<<This would leave the investors the big winners as usual and the traders sitting on their cash looking for weakness to repurchase their position>>

Stan,

Somebody with your years of experience should know better than to lump investors together with traders. A trader considers himself a "big winner" if he gets 10% out of a trade in 1 to 2 weeks. The objectives are entirely different. A trader relies on speed and quick decisions. An investor relies on careful analysis and patience. If you think that just because I'm a "trader" I don't do as well as the rest of you, then let me know and we'll compare portfolio's and see who has the highest year to year return on a percentage basis.

Since the wild cards here are the shorts, perhaps you could give us your best guess as to what it will take to get them to cover. I bet they hold right up until 20. If RADAF fires past 20 with strength, then I agree that we'll see a massive short squeeze.

Hank
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