Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (2060)	8/18/1998 5:44:00 PM
From: Bill Wexler	Read Replies (2) of 18998

TAVA - what to do? What to do? I recently covered my entire TAVA short (average 5 a share) because I was spooked by a surge in volume when the stock touched its 52 week low. I also noticed a rapid increase in internet hysterics and threats directed at short-sellers. Either I called it right or it was dumb luck, the stock is now up 40% from that low. Naturally, I'm going to bet on its re-decline - but I'm not certain what strategy to use. TAVA is about to announce "earnings". Right now I'm leaning towards waiting until a few days prior to release and buying puts. Any thoughts?

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