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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (15975)12/7/1998 4:11:00 PM
From: Dale Baker  Read Replies (2) of 18691
 
TO ALL: if you are thinking about trying to short EWBX after today's runup, do yourself a favor and wait a while. EWBX is now in full cry and could run much further on a 2 million share float. EWBX will be eligible for shorting soon, which could cause a short blip. Then those initial shorts will just become fuel for the fire.

Be careful unless you have deep pockets. The valuation is crazy, but the numbers are the numbers for the stock price. I am long this puppy for now. Plan to jump off before the crash which must come sooner or later.
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