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

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To: Pancho Villa who wrote (214)3/31/1998 8:26:00 PM
From: Mike Greene  Read Replies (1) of 650
 
Pancho,I kind of hope you are right, stock should go down on fundamentals. If it does go down I won't lose all that much before I bail. Position is small. I think stock will hit 42.50 before it hits 25. I previously shorted this stock on your recommendation because you make a lot of sense. I need to make money. I don't have enough money that I don't give a damn.......that's for sure! There are a ton of uninformed citizens out there that are buying stocks like BBY,AOL,YHOO,BFIT...ETC,,,,,becasuse these are stocks they know and every time they look the stock it is at a higher price! Maybe I am wrong? That is why I will take out only a small position but 10 positions like this one and I will be making money. Good Luck, Mike
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