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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: LastShadow who wrote (8589)4/27/1998 7:55:00 PM
From: tom pope  Read Replies (2) of 120523
 
LS, with all respect, AT and I are veterans (victims) of the great short squeeze that didn't happen - APM, last fall. There was no stock left to borrow and it was absolutely evident the shorts would have to cover and we would be very rich when APM hit 60. It's now at 10. Taught me that 1 - the shorts are not necessarily as dumb as we think; 2- always trust the chart. It doesn't lie. APM was at 25 before I realized that I was the dumb one.
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