Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: RockyBalboa who wrote (3650)	11/5/1998 7:46:00 PM
From: Bill Wexler	Read Replies (2) of 4634

Of course! Don't think I was mad. Actually, more aggressive traders were probably snapping up issues with large short interest, and you are correct that they outperformed investors in boring stocks such as Costco. Rapid movements of 100%+ in small caps with thin floats are not unusual. This is a horrible market climate for short-sellers. I think it will continue to be for the forseeable future. It must be frustrating to watch something like HEB or CCSI trade up with no positive news. That doesn't mean I would buy these stocks (I don't gamble or daytrade, and I never buy worthless companies based on stock momentum.) You may want to read this. I posted it on the Zonagen thread yesterday: Message 6295901

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