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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote (9)5/17/1996 1:48:00 PM
From: Cadaver   of 852
 
I'd like to add that momentum players and even investors dont really know much about the management and fundamentals of newly discovered stocks. They are there to make money fast. So when it rises too fast, a short would be in order. Even if it falls a bit, traders will get out to protect profits. Investors will panic and listen to the negetive hype and bail out. Result is a nice correction.

If the management is bad (ZE?) even well known stocks will fall.
And if any stock rises more than 200% in 3 days, short all you can. There has to be a correction. ZE, CWKTF, IDID....list is endless. A vertical rise is almost always followed by a vertical drop. Sometimes it platues before dropping.

I admire your courage to short long term. I could never do that in any market. For me three or four sure short term plays / year are more than sufficient. 200% rise in three days is a good threshold. So far, it has never failed. Try it sometime. IDID 200% from .5 to 1.5 is a good example. ZE > 200% from 8 to 24+. CWKTF 200% from 1 to 3. I did not play IDID since I am not confident in dealing with penny stocks.

Cadaver
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