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Strategies & Market Trends : Shorts waiting to happen
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To: zx who wrote (23)5/19/1996 8:05:00 PM
From: Cadaver   of 852
 
Some stuff I fond on IOMG thread: " Any infos about Iomega? Share price too high?"

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To: Cory Gault
From: Ken Pomaranski
May 13 1996 6:09PM EST
Reply #1658

Yea, Cory, I know what you mean. I would like to see some of
these guys put their money where their mouth is.

To help them out, I'll provide a short lession on shorting stocks:

(1) NEVER, EVER, fight the trend. Do NOT short a stock that is
moving up. If good news comes out, or the momentum boys
get a hold of the stock, you may be giving your house in payment
to the brokerage.

(2) Do NOT short a stock that is already heavily shorted. The short
position provides a cushion to the stock on the downside, and
if the stock explodes to the upside...well, you know what happens
-----cut here----

Cadaver
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