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Strategies & Market Trends : BFT: Will the tulip craze ever break down?

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To: dealmakr who wrote (80)3/14/1998 11:00:00 AM
From: put2rich  Read Replies (1) of 650
 
<<Overweight stock sheds a half in market workout today.

Looking forward to further slimming>>

It is not just slimming but start dieting to death (volume of this stock is extremely low, can fool no one). Percentage of ownerships by funds on this one is too high so they could manipulate the price to this ridiculous level. A small bad news (which Pancho will achieve..) comes out this will drop like a rock since they all exit at the same time and MMs then don't care about the profit/loss.
Some good valued consumer industries like Kimberly and ProcterGamble got hit, how come this one can stay in the cloud for so long. I will stay put for long term and try to average up my short. (Just regret why not getting out at 20 level and reshort like hell later, but it will be alright).
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