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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: Nazbuster who wrote (14312)2/24/1999 6:22:00 PM
From: JC Reddy  Read Replies (2) of 122087
 
I think it is too dangerous to short BFLY. What was announced was a significant event. The stock traded at these levels before for several months. The company isn't a fly-by-night company and is seriously establishing relationships.

Of course, if you shorted at $15 7/8, you made some good money. It isn't a good short at these levels at all.
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