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

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To: Prince who wrote (4852)12/2/1998 1:46:00 PM
From: David Penfield  Read Replies (2) of 18998
 
I'm not Mr. Pink either, but I also have two cents on BA.

One rule of thumb for shorting that I have heard is to not short good companies because they are having problems. More often than not good companies clean up their problems (that is why they are good companies) quickly and recover. I think BA qualifies as a good company in this context.

Also, I would stay away from shorting almost everything in this market. If you are new to shorting, check out some of the other short threads. A lot of the leading shorters on them are not actively shorting anything now.

Good luck.
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