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Technology Stocks : Able Telecom (ABTE)

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To: Questerr who wrote (489)2/17/1999 11:47:00 AM
From: lindend   of 700
 
time you short Able you don't budge the stock price?

No. I'm a really small fish. Long term stock prices are controlled by the quality (or lack thereof) of a company. Stock prices can be manipulated for only so long.

I'm not a hit and run short (although I'll cover if the stock tanks).

And what about all that margin interest you are accruing in the mean time!

This was not purchased on margin.

What are you basing your assumptions on that the stock will go lower?

The 10Q and financial statements. I know its a lot easier to rely on analysts, but I have this strange problem whereby I rely on facts to make investments.
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