Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: ralph keating who wrote (5887)	4/1/1998 11:28:00 PM
From: Roger A. Babb	Read Replies (1) of 18691

Ralph, cfon will drop toward $2 as soon as this bull market slows up in my opinion. I am reluctant to hold short positions for very long in stocks under $4 because they can bounce up and I can't short more until it reaches $5, thus I can play in and out on the bounces. On a big stock like CTXS, I can bounce in and out of positions quickly and even make money on bounces with the stock moving against me. I can't do that with a $3 stock. If you are still short cfon, it is probably safe to hold the position.

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