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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Dale Baker who wrote (17634)3/10/1999 1:21:00 AM
From: Druss  Read Replies (1) of 18691
 
Dale--I believe you are shorting RACE also.
The moves the past few days are getting close to my cover target that I was prepared to wait a few months for. I shorted at 8 so this is a very good play. I just wish I had gotten more shares. I set up a layered short at 8, 9, and 9 1/2 and then it ticked the bottom one and the shares dried up. So I sat there hoping it would hit the other target prices. It never did so I lost those shares.
I do love these convertibles.
All the Best
Druss
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