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Non-Tech : Bill Wexler's Dog Pound
REFR 1.730+10.2%3:57 PM EST

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To: golden_tee who wrote (413)3/26/1999 12:44:00 AM
From: Bill Wexler  Read Replies (3) of 10293
 
<<You are either stupid>>

Far from.

<<or lying about shorting more>>

I don't lie. I shorted 2000 shares today at exactly 7 3/4.

<<To short a stock that jumps 21% in one day on high volume, without news, would be true stupidity!>>

Scam stocks exhibit this type of volatility all the time. I initially recommended shorting Valence when it was trading at around 7 1/2. The stock proceeded to dive to 5 and change and is now back roughly where I started.

<<Where are you going to cover?>>

When the stock price reflects or very nearly reflects the true underlying value of this company.

<<You are completely off base, and are about to understand why you should have gotten a degree in engineering!>>

Oh my. You truly are a fool.
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