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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Baghul who wrote (14894)10/28/1998 4:30:00 AM
From: RockyBalboa  Read Replies (1) of 18691
 
FIBR:
You will need an uptick. FIBR is a small cap, not a national market stock where you are prevented from entering a market short when there is no uptick.

So you can enter a market order but it waits then, and that stock can go down fast. Yesterday I used a market short to get filled 1/2 buck lower. Someone must have seen this and screwed me up and stole a half grand. I'm not angry, just more eager to ride it.
Fortunately I kept the guts and shorted more and more in the 8's.

So, if you need an uptick, I can put 1 lot on the bid (max. $8) one time and then you hit it with your size. Timing depends on the price and whether there is bid at reasonable sizes behind it, ie. 32nds lower. Do you have a realtime quote display or L2 ?

No idea about AOL consensus. My first impression looking AOL news lately yesterday that they are doing great and numbers are impressive.

With the exception of a longterm to-be negotiated position in INKT I abstain from shorting iternuts now, they may tank sometimes but - like yhoo, cmgi, or amzn they show relative strong recoveries.

Lately I took part in BTIM, MCHM and CYPH as there are rather easy bucks to earn.

C.
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