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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (15723)11/23/1998 11:08:00 PM
From: xcr600  Read Replies (1) of 18691
 
Roger, as soon as the internet momentum begins to wane in a few days or next week (holiday may throw things off), I expect YHOO to announce a stock split 3 for 1 and start the madness all over again.

Maybe once these things will finally split enough and get the float up high enough to prevent these brutal short squeezes. Look at the action on EWBX and TGLO today. Both "hot" IPO's, but both were down today with not much volume. Neither is marginable, hence no short positions. I believe these huge run-ups are do to the shorts continuosly being butchered. Looked like panicked short covering at the close today. They should be all over the board tomorrow.

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