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Strategies & Market Trends : Roger's 1998 Short Picks

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To: HiSpeed who wrote (15073)11/5/1998 11:07:00 PM
From: Baghul  Read Replies (1) of 18691
 
I have shorted GERN in the past. It has been profitable I might add. They do this couple times a year. Come out with flashy news, the stock goes through the roof and then starts its painful decline. Look at the long term chart. The question is how high will it go tomorrow. I have a feeling within the first 20 min, it will hit the high of the day. So either, I would short it at open or shortly there after. Once it tanks, it might be hard to get an uptick. Good luck.
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