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Strategies & Market Trends : ZixIt Corporation (ZIXI) -- Ignore unavailable to you. Want to Upgrade?

To: Integral who wrote (1311)	12/16/1999 12:29:00 AM
From: Kevin Podsiadlik	Respond to of 4120

Wish I could be more helpful, but this is a tremendously difficult stock to trade right now. I just can't see any rhyme or reason to its fluctuations since it ran up to this level. A good person to ask would be Anthony@Pacific, who has posted on this thread a few times recently. He knows a thing or two about asset allocation.

To: Integral who wrote (1311)	12/16/1999 6:30:00 AM
From: jjs_ynot	Read Replies (1) \| Respond to of 4120

At the risk of spamming, here is one to consider for the long side, just got a big contract with AOL: biz.yahoo.com

To: Integral who wrote (1311)	12/16/1999 10:03:00 AM
From: Rick Smith	Read Replies (1) \| Respond to of 4120

Integral, Only chance you have is kissing some SERIOUS @SS!! The only hope of finding out what the "most popular personalities on SI" are doing regarding their risk management techniques is to get on the Private Message list. There they will discus strategies to misconstrue facts, post URL's of no significance, and generally misquote, misdirect and misrepresent any available thought. Oh, and if you are on the real insiders list here, and considered among the MAJOR Personalities here on SI, you may get the double secret handshake and actually hear the truth. The "personalities" that are feeding you this rubbish have NO NET POSITION in this stock. They are using you and guys like you to turn the momentum around during a time of potential (wouldn't want Dave turning me in to the SEC by saying definite) breaking news. If you can do it, and there is no news, then GREAT for them. They used your capital and convinced you to take all of the inherent risk, allowing them to come in later and gain from your work. If there is news (clearly what I believe to be forthcoming VERY soon), then they will sit back and watch those OUT of the inner circle blow their (obviously not you, since you have stated the relatively small position which you are short) accounts up. They will then either disappear or profess to have been brilliant for having no net position, as they are doing already, to some smaller degree. You want strategy. Now that's the "popular SI personalities" strategy!! Here is mine: I have said repeatedly that the best way to play this, either long or short, is to use options to hedge your position. Decide what your risk tolerance is, determine what it will cost over the next few months to buy the options (calls in your case) and let that determine what strike price you must purchase. It's not rocket science, but if you take my advice...DON'T MENTION IT HERE! These guys will blast you for not having conviction in your position. They will tell you that you are creating synthetic long positions (whatever that was suppose to mean) or that you are a traitor to the short cause. Of course it hurts them when you and the others hedge as they have already done, so consider the source of their admonishments. Capital Allocation is a much more personalized process. Your own risk tolerance and objectives must be considered. Some of these guys seem to be Kamikazes, others seem more disciplined. By using proper hedging techniques (as opposed to boxing your short position which will give you No Net Position as the major SI personalities are currently doing) you can limit your losses without an equal limitation of your gain. If you are right, then what difference does it really make to you if you spend 5 or 10 points hedging over the next few months. If you are wrong, then it may well save you more than you currently believe your risk to be when ZIX starts to really move on news. I would watch USMA if I were you, and willing to trade in and out of this stock. He's the only one making money on both sides that I can see. Use common sense, when the heat is turned on get out of the way. Good luck in your trading. Enjoy the ride!!

To: Integral who wrote (1311)	12/19/1999 9:34:00 PM
From: Rick Smith	Read Replies (2) \| Respond to of 4120

Well Integral, you either didn't kiss enough @SS or... you did, and you were inducted into the Private Message Group of the "popular SI personalities" of the ZIXI thread. Hard to tell, unless you're on the inside. Which, if you can believe this...I'm not! One of them did PM me the secret handshake though. Just keep your little finger curled and scratch the other member's palm while shaking. One thing is for sure. They still haven't answered your questions! And I am still the only one who has opened up the subject with ANY recommendation whatsoever. They would prefer you continue to short and not hedge your position. I think it's suicidal, and that you should buy calls as an insurance policy. Notice anything odd since I shed a little light on this group??? Yep me too. They don't post nearly so much as they did. As a matter of fact just look at the past three days. Five posts, three from Dav_s, and two of those were him talking to himself!! LMAO. Hope your other positions will work out better for you than this one. As I posted before, the next few weeks are going to get REAL interesting. We got tommie boy rooting for 100 and Wang (wonder whatever happened to him) calling for 650. I don't know how high we're headed, nor do I know how fast. But I do continue to hear a lot of good news and have yet to see a relevant post that would lead ANYONE to believe otherwise. Enjoy the ride!!