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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: av8r who wrote (8947)2/4/1999 11:20:00 AM
From: M. LaMancha  Read Replies (1) of 122087
 
PRFM -- These are zealots and there is literally no saving them from themselves. I really think that puts shorts at risk because they buy more on dips and drops as well as load up when msft and lycos announcements come along. I shorted 2K at average 7.96 and covered at an average 7.2 this morning and I'm going to wait for another opporunity but not one that is too low (last time I sold off was at 6 7/8 two days before it went to 10 and had to average up like crazy). I rode IMON three times and think this could do the same for us. The company has a PR firm that wants to earn its keep and I'm going to wait a bit to see if they can pump this sucker up to the 8s and beyond in the next few days.
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