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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: DanZ who wrote (2542)7/25/1999 12:35:00 AM
From: Bill Wexler  Respond to of 10293
 
<<Good luck with your losing short position>>

I'm confused. My current short postion averages 12 3/4 (before commisiions). Considering that the stock is now at 12 5/16 ask, how is that a "losing" short position?

techstocks.com



To: DanZ who wrote (2542)7/25/1999 12:39:00 AM
From: Druss  Read Replies (1) | Respond to of 10293
 
Dan Zimmermann--I have been looking over the Yahoo board on SNRS.
Having enough money to buy large blocks of stock does not preclude being stupid, not doing good DD, over extending oneself, or being pig headed in an investment. GUMM may or may not be a good investment. I have no position or interest in getting one. I can say though that the argument that someone else has a large position therefore buying in is a good idea is a poor one.
SNRS had a 'going concern' clause in the SEC's. People still made every error one can make in a stock and are still howling this is a temporary setback.
Druss