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Technology Stocks : Headway Corporate Resources - A Temporary Staffing Company
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To: Pendretti who wrote (24)6/19/1998 3:46:00 PM
From: Jamessmith  Read Replies (1) of 46
 
I have no time to waste here. I am not looking for any negative points on HDWY. I want to make money like you. It's my belief I will make money by shorting HDWY at $12.50. Look at Balance Sheet Date (03/31/98): Current Assets (M) 41.10, Current Liabilities (M), 16.10, Long Term Debt (M), 34. Basically, we pay $12 for nothing. It's extremely overvalued. In a bear market, this type of stock is very liable to shorting. Check out shorting positions. Call the company, everybody in the company is selling its shares. Look at the chart, do some TA. It's a classic model for shorting. I see the shares will be around $5-6 within 3-6 months, maybe even lower.

Have done your own DD??? Nobody can short this stock? People are shorting this stock big time. Just don't hype the stock.

James
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