The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Junkyardawg who wrote (32923)	4/27/1999 2:10:00 PM
From: who cares?	Read Replies (1) of 90042

Nice trade dawg, but please don't carry on your love affair with this stock too long. Be ready to sell the news, news being this talkin auction or whatever. Seeing a 20 print here or there, go baby go. The higher she flys, the harder she falls when the box gets uncapped. Don't lose perspective, it's a $2 CD stock losing lots of money, billion dollar market cap, not a leader in it's crowded segment, sure there'll be some mini squeezes and all kind of MM games, but the smart odds on money will be short this for the next week or two. They all go up, but very very few stay up. As far as shorting, you don't have to have margin, you just can't let the short go against you more than the balance of the account. If it's an IRA that's a different critter. You can't short in an IRA(though you can buy puts with some brokers, govt protecting people from themselves) CMB

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