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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Benchman who wrote (7953)4/27/1998 9:56:00 PM
From: McNabb Brothers  Read Replies (1) of 18691
 
robert,

I bought KTEL again this afternoon at $31 1/4! Had a very close stop on it, but said on the KTEL thread if it closed above $33 1/2 and near it's high that I thought we would see higher prices tomorrow! Bought last week at $20 and change and had a sell stop at $37 1/2 and was stopped out for a $17 and change profit! Be very very careful shorting this stock with such a small float, and after today's action the trading have proven they do not want this stock to fall for a while! I will raise my sell stop as it goes up!

Hank
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