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Strategies & Market Trends : Shorting stocks: High fliers -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (683)7/8/1999 10:28:00 AM
From: Mad2  Read Replies (1) | Respond to of 709
 
C, I'm going to ride this one awhile. I wouldn't advocate opening a new short position with it at this level (they have a decent pile of cash and of course they're selling dreams.....ie no proven business which can lead to suprises) however my sense tells me nothing positive will happen with this one for a while leading to a shake out.
Anyway I've more than recovered for my ill timing earlier.
BTW when does BEAS report 2nd qtr?
Best Regards,
Mad2



To: RockyBalboa who wrote (683)7/8/1999 10:32:00 AM
From: Mad2  Respond to of 709
 
BEAS is NS on Datek. With short interest approaching 4 mil and a float of 24 mil this seems a bit odd? Do you have any shares on the borrow?
Mad2


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