Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Jim Roof who wrote (322)	3/11/1998 9:47:00 AM
From: Hank	Read Replies (2) of 4634

Jim, 29 would certainly surpise me. It would be the first time in history a stock appreciated almost 50% without any serious buyers. Nobody in their right mind would go long this stock. Not even traders. You admit this yourself. There are only small sellers, short sellers, and manipulators trying to unload large positions. In the later case, I think they almost done. Then watch out. The stock will drop too fast to regain a short position. The only way to profit from the fall is to build a position now. Hank

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