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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Vegas Kate who wrote (15454)11/14/1998 12:57:00 PM
From: Dale Baker  Read Replies (1) of 18691
 
I just put in my order to cover at $3. MM's should slaughter this one at the open; only buyers will be shorts covering and dead-cat-councers trying for a quick play. I can only guess at the opening price - maybe $5 - 10 - with a likely drop under $5 and maybe a quick bounce back.

Like I said before I left on my Friday trip, I plan to cover AVCO at a profit, not up in the double digits.
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