Shorting stocks: Mechanical aspects Message Board

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Strategies & Market Trends : Shorting stocks: Mechanical aspects

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To: Banjoman who wrote (67)	7/31/1998 8:11:00 PM
From: 1-DAY-TRADER	Read Replies (1) of 172

Here is a great scam to short....I just love to short scams...especially when they break just above the 50-day moving avg. without any news or fundamentals to ride on. It is pure manipulation by attracting small investors then dumping It is now at 5 1/2, down 5/16 from yesterday. Target is $zero It is still good at any level above $5 because it is still at its prime. Last April, it broke the 50-day moving avg, then went to $2 very fast. let us discuss this baby. The great thing about this one is that you can short high volume for a high of 2-3 points down and bad very bad financials with little cash to last them less than a quarter. They have a huge cash crunch. check out its site at yahoo and SI they are dead.

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