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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: arpad toth who wrote (3420)10/7/1999 12:10:00 PM
From: art hebert  Read Replies (3) | Respond to of 19428
 
Just shorted 300 shares of YHOO at 189. I think the run up in the Nasdaq is ending for the short term. Any thoughts on this? I'm new to shorting.



To: arpad toth who wrote (3420)10/7/1999 1:00:00 PM
From: Ocean_Joe  Respond to of 19428
 
LIOX

I have never shorted a post IPO (zealots still hanging around) analyst upgrade. Typical upgrade gives back what, say 50% - 70%?

Looks good if you are already in above 22. I bet its earnings will be a bigger loss than whispered, if you want to wait around that long. Plus I think they are active on the news releases which, with zealots still around, makes for sudden pops.

I see it now at 20 13/16 x 21. its 12:57pm.

Wish I had watched other similar types to have some good feedback.

Any other guys on the board know?

Ocean Joe