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Strategies & Market Trends : Roger's 1998 Short Picks

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To: McNabb Brothers who wrote (16175)12/17/1998 12:07:00 PM
From: Mike M  Read Replies (1) of 18691
 
and, I think you will be correct...I have been short and boxed w/AMZN...Each time I have unboxed lately I have been thrashed....This morning gave me a clear picture why my philosophy probably will not work....When this stock really does flop and I am convinced that it must...I will flail hopelessly on the sideline waiting for the stock to open and when it eventually does, the price will be unsuitable....It will simply open down 100 or more points someday....

My problem is, I cannot for the life of me imagine why someone would buy and hold this company overnight at this price....The mass exit will surely frighten even the most courageous and foolhardy into doing foolish things...

:o(

Dying on the vine,

Mike
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