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To: H James Morris who wrote (88361)12/22/1999 4:27:00 PM
From: Jan Crawley  Read Replies (4) | Respond to of 164684
 
I guess I'm the only one here that thinks this Cmrc is over extended.

Think this way; Cmrc's float is 3M and short interest is over 1M, very heavy institutional ownership.
Cra, 17M float with 250K short interest; much easier to play.



To: H James Morris who wrote (88361)12/22/1999 6:37:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

I guess I'm the only one here that thinks this Cmrc is over extended.


No one uses overvalued anymore;-)



To: H James Morris who wrote (88361)12/22/1999 8:24:00 PM
From: craig crawford  Read Replies (2) | Respond to of 164684
 
HJ,

I am beginning to agree with William. You are full of shit up to your eyebrows. First you say you are short CMRC at 505 with a max-pain of 600. Then after it goes up 40 or 50 points you claim that it was just a hedge of your long shares. If it is just a box position you shouldn't care if it goes to 900. You won't make or lose money either way. So why was there any max-pain point?

Then in another post you say you don't even have a margin account. Well you have to have a margin account to short shares. You can't do it in a cash account. Tell me how you shorted CMRC @ 505 if you only have cash accounts.