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: Dr. Seuss who wrote (3946)	10/10/1998 3:56:00 PM
From: Pancho Villa	Read Replies (1) of 18998

Doc Seuss and all, read the stuff from Cramer I posted. Good shorts have become extremely volatile so it is very important to buckle up by avoiding over exposure. People out there know how to make the shorts run for cover and if you have too much in any given short you suffer like hell. There are no rules but I like to limit my initial short position to 3-5% of my net trading worth. That way even if the sucker doubles I only take a 5% hit that I can ride out.

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