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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (5054)	4/18/2000 8:47:00 PM
From: jbe	Read Replies (2) \| Respond to of 19428

Thanh, I did HAVE a whole bunch of short candidates, but many of them rocketed up today, along with a lot of other dreck. So I think I will hold off a bit. PGTV surprised me. I thought I might be relatively safe, since the company is in an industry that is currently out of favor. I must confess I was not familiar with the phenomenon of the "short squeeze." Now I am familiar with it, alas, although I confess I don't entirely understand it -- doesn't seem to have anything to do with investing or even trading -- and so will be more watchful next time. I may return to my original notion, which was to find some sad old economy stock in some depressed & spurned sector or other. one that is gradually oozing its lifeblood away (something like Bethehem Steel, which has sunk below $5, and so can't be shorted any more), one that can be counted on to die a slow, lingering death, rather than to experience a sudden precipitous decline (which, I see, can be followed by an equally precipitous and unexpected recovery). Does that sound like a safer course to you? jbe EDIT: P.S. One of the stocks I succesfully shorted last week - ENMD -- was up 20% today. So I'm glad I didn't get greedy, and hang on to it longer than one day in hopes of squeezing an extra buck or two out of it.