Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Roger A. Babb who wrote (17560)	2/26/1999 11:19:00 PM
From: Kailash	Read Replies (2) of 18691

Roger and Mark - eBay appears to be the stock where the internet mania is still the most vibrantly alive and kicking. It was just picked as a buy by Motley Fools and they argue for it in the best visionary tradition: fool.com Apparently it splits 3 for 1 after hours on Monday so this is an extremely risky time to short it. P/E is around 5,000 (no kidding), but the Fools argue it will become the market place of the whole world for everything and everyone. On balance, I think it's a great short but the timing is going to be crucial. It's never been worth it to short an inut before the split or immediately after, but it just might run out of steam a week or two after the split. I mean, it could go to $400 on Monday, split to $133 and go to $200 for a pre-split of $600 - there are a million or so shares short too for a little squeeze. That's a pretty generous upside risk. Of course it could tank but the chances of tanking before the split seem pretty remote and would indicate an overall inet reversal. Kailash

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next