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Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?


To: Phil(bullrider) who wrote (1783)11/27/1999 8:52:00 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 2263
 
Bullrider, Based on previous unhappy experience, I don't try to short these "momo" stocks until they top out. But this one fell over quickly and so far I have been unable to find short shares. I agree that it is a good short at 30+, but we probably will not get the opportunity.

Partial holidays, like Friday, are notorius for stock manipulations such as we saw on ADSP. The big players who step on these things are away and the other players are free to do strange things with a low float stock. Watch for repeats on other stocks around Christmas and New Years, not a wise thing to go into holidays with open shorts in small companies as you can get shafted.