Fatty's Donut Shop Message Board

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Strategies & Market Trends : Fatty's Donut Shop

KKD 21.00

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Aug 4 5:00 PM EST

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To: Gush who wrote (804)	4/22/1999 5:22:00 PM
From: Matt Brown	Read Replies (4) of 5041

New Trading Strategy-- I have been tempted several times to toy with shorting. The last few times I did it I was pretty good. So this morning, I took a swing at it again on CNET. I shorted @ the open and got lucky and covered it at 131 3/4!! I coudln't beleive it. I did not like CNET splitting so fast and their earning will not be jack, so I shorted and covered for a nice little profit. It was very risky, but I knew that based on the last few Internets that I have watched, that it would never close above the open. So, I took the chance... Shorting is very very risky and you can get burned big time. I got lucky on this one, although in many stocks, it can be very very profitable. I learned from A@P about this kind of stock investing, but have developed my own strategy. So far, doing good. I have another stock I will probably be shorting: RRRR Apparently the stock moved on a TokyoJoe pick and does not look like it has the push to keep moving up....I may be wrong. Will be looking into it though. Very very risky, but sends an adrenaline rush through you! FM

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