WCAP - Winfield Capital: Insider buying Message Board

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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying

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To: Tom Hua who wrote (647)	4/11/1999 5:34:00 PM
From: JWA	Read Replies (1) of 1305

OK Tom, here is my opinion, since you asked. In the short term it is just a game. You mentioned Imon as one of your best shorts. Well I made a bundle trading the stock from 1 5/8 to 14.( About 30 buys and sells. Not a single one at a loss) Supposably one of the reasons for some of the huge increases on some days was short squeezes. The conundrum is that we both could be so successful at the same time. You and Anthony did a great job of getting a lot of inexperienced shorts on board, and then they got squeezed. Daytraders and shorts, like vultures, have in place in the grand scheme of things. We just need to be wary of not getting too full of ourselves. JWA

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