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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mad2 who wrote (4671)11/18/1998 6:32:00 PM
From: RockyBalboa  Read Replies (1) of 18998
 
Mr. White: Apparently noone went short on MALL; noone complained.

Going short seems to be a bit out of fashion <sigh>.

It was an early heads up in the light of the internet exuberance (ewbx, TheGlobe, even AVCO and others.).

Sure the news hit the market and today, the second stage of internet yodeling most of the work was done - by the market. Search for MALL on SI, the whole SI is yodeling it up to the archrival ebay after it passed ONSL.

For me it was the msg to refrain from shorting it now, but to buy the dips in MALL. So I could get in once more 17ish in the light of the fledgling market sector. As for me, jumping with the margin feet on it earns me a living.

C.
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