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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Suresh who wrote (49748)	7/9/1999 10:39:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

I never said I wasn't opportunistic, but I can take an opportunity without being so hurtful as to undermine thousands of investors with a 'rumor' that might or might not be founded in fact. I wouldn't compare a slanderous remark about a company, its management, product, future niche it might or might provide to saying" Well let's see DISH looks overextended at this time, I think I'll put in a short and wait for the selling pressure to abate before closing the position.. After the pullback I'll reenter." I won't be opening myself up to a law suit, the attack is so vehement that most people won't invest just because the fear has done its intended deed: namely keeping you out of the company so a few cronies are having a good laugh at the ensuing panic and hi-fiving their pals at the local bar when enough panic stricken people exit the stock. I'm sorry to say that my opinion is that most traders are not well-informed, and the herd effect runs rampant, and there are some clever manipulators that take advantage of this. What I would like is to neutralize the effects of these blasts if I can. I know there are some scam companies and I know I'm not as knowledgeable as some 'investigators' but when a company is up 20% after a 'long call" and the 'shorter' is still going on about how it will die and it goes up another 10% and finally it does fall 5 or 10%, then the shorter says: What did I tell you it did fall, I think that is hilarious.. Well so what? It will move up again. I agree some of the multiples are outrageous, then so are multiples of some blue chips and biotechs outrageous but you don't initiate mass smear campaigns against them.