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


To: Oleg Sogolov who wrote (2090)12/2/1999 8:06:00 PM
From: zax  Respond to of 2263
 
Well, I went long that same day at 10 and sold it at 40 on Friday. Looks like we took opposite sides of the same trade and will both make money! :)

I tried to short it on Friday but could not find any shares. :(

I think all the short action is piling on VONE now.



To: Oleg Sogolov who wrote (2090)12/2/1999 9:27:00 PM
From: jlib  Respond to of 2263
 
>...went on vacation for a week

I can't think of a better thing for someone to have done if short on Friday. :-)



To: Oleg Sogolov who wrote (2090)12/2/1999 11:40:00 PM
From: Brasco One  Respond to of 2263
 
<!>I just got back today<!>

wow! there was a lot of drama here (we should see a movie or something coming out soon).

the stock went to 57 for a second or two. it was scary. lots of people consumed bottles of malox for thanksgiving. but monday the stock opened around 23 (thats when i got involved) and started heading south to where we are now.

to make things short, both long and shorts were very profitable. the only ones that got hurt were the shorts that got bought in that friday.

great luck...

happy holidays from all of us at Brasco and Co...



To: Oleg Sogolov who wrote (2090)12/3/1999 9:35:00 AM
From: Henk Wondergem  Read Replies (1) | Respond to of 2263
 
That was not a smart move to short a pump and dump stock when you go on holidays.
Did you have to cover?
It is just a matter of time for it to go below $10