Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Why do Gurus Spontaneously Combust? -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (22)	11/17/1999 9:38:00 AM
From: Hoatzin	Respond to of 503

Here's a guru undergoing rapid oxidization, and probably oxidizing a lot of his followers' money in the process: #reply-11516360 Note the unorthodox rating system ASKJ<- Is Utter puke! Our guru still needs to learn the correct Wall St jargon for these things ("Strong Hold") Then look at the chart as ASKJ goes from 68 to 186 in a matter of days: quote.yahoo.com But when you're right, you're right! On October 22nd he's shorting more of this puke at 85!!! #reply-11673809 October 25: a rookie follows in the master's footsteps: I've never shorted before. I'm a bit green at shorting. I think I'm going to try and short 200 shares of ASKJ. Let's see how it works out. #reply-11694490 Oh dear. I've seen the ending, I know how this works out. On November 4th, with ASKJ trading between 101 and 120, someone asks if the guru is still short #reply-11811434 Apparently, he covered at 58. Great trade! #reply-11812936 (The last time ASKJ traded below 60 was October 21: chart.yahoo.com ) But wait! Not everyone believes him: #reply-11813418 The real explanation: a "memery" lapse! #reply-11813484 Friction, methane gas or just bad luck? You decide!