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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: quartarpint who wrote (9129)	12/4/1999 1:52:00 AM
From: Paul Senior	Respond to of 78666

Clive, re: WAKB short positions. My opinion same as yours. I, too, find it troubling that there would be short positions out there at these levels, especially as I see no bad news or inkling of bad news. Wouldn't surprise me though to see the trend continue of down, down stock price. But I'd like to believe that somewhere around the current price is close to a bottom. And when shorts eventually cover, I too might expect the price to pop. Generally, I would say I don't begrudge the shorts their profit or worry about it. I'm more concerned about where we might be 12 months out - at which point I hope to see WAKB price at least trading at levels it reached in prior years. Paul Senior