The Panda Project (PNDA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The Panda Project (PNDA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chester lee who wrote (1127)	4/5/1998 4:03:00 AM
From: TheLineMan	Read Replies (1) of 1521

I have 1000 shares short on Panda. I bought 1000 at 3.75 and another 1000 at 4.5. I sold 1000 at 6.5. So I guessI made 2k on PNDA going long. I'm hoping for a good show tommorrow -if we get a spike on Monday I'll sell the other 1k. The reason I recommend holding on to your short is that last time I covered was in December at about 3.5. When the stock spiked to 6.5+ in Jan I tried to short but I didn't get an order accepted until about 5.5. Another reason I was holding on to the short was I saw this one as a terminal and I thought I would be able to pocket the profits without paying cap gains. One of your friends pointed out that that tax-hole loop has gone. Nevertheless, I would keep the short position open - and try to short on a high and buy on a low. Crane is the king of hypemeister (but the story is predictable)- and my percentage returns on this one are pretty ridiculous (long and short). My thanks goes to Drakes. PS Did you ever here of the "New Competitors" - it would be great if it was one of those "paid advertisement" jobs.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next