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

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To: Silvio who wrote (109)3/14/1998 1:54:00 AM
From: Bill Wexler  Read Replies (1) of 4634
 
Take a look at BLDPF again.

Check out my reply #120.

I noticed that the recent high-speed runup was stopped in its tracks today when very large blocks were unloaded on the suckers.

The stock could continue higher of course - but its obvious there's a lot more float out there after today...so it may be a bit safer to short based on valuation.

Naturally, the current price is unsustainable over the long term. But you may be Yahooed - so go easy on the margin while waiting for the collapse.
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