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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: Provocateur who wrote (7545)1/30/1999 4:51:00 PM
From: Jim Spitz  Read Replies (2) of 122087
 
Prov,

Turnaround, well, maybe. I work for a company who had a large turnaround, but Wall Street didn't reward us until about 3 quarters AFTER we turned around. Perhaps you've heard of Honeywell? Wall Street is typically unkind, in the short run, of losing money or unpredictability.

I can see where someday this company may break into the black, but they are just too far off for now for the price to stay up. Been there and done that WAY too many times in the last few years.

Will they spike on Monday? Maybe. I have lots of margin reserved. And since I'm already into double digits on my short, a triple wouldn't scare me. It would, however, make the next portion of my total position MUCH more profitable.

Thanks to Anthony, I'm learning not to put it all up front. Lost money doing that. Now I invest in stages. Make more in the long run.

Short run, long run...Darn, I'm starting to sound like an economist. I'm not. later, jimS
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