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Strategies & Market Trends : Shorting stocks: High fliers

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To: RockyBalboa who wrote (613)12/31/1998 3:57:00 PM
From: Q.  Read Replies (1) of 709
 
Christian, re. BFLY, I was boxed, or more accurately hedged with warrants, most of the way up to 24. I sold the warrants when the stock was in the 20's, and I've been naked the equity since then.

So far I have a nice gain on the long side on the warrants, and I'm now close to breaking even on the short side on the common stock.
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