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


To: jbe who wrote (5055)4/18/2000 9:04:00 PM
From: put2rich  Respond to of 19428
 
jbe,
I am not very patient to go to detail to indentify a dying stocks to short. Well if I knew like IRID phone was so expensive and could not dial in the house or inside the car then I would know the product is a flop and can short to death. In the case of the steel company, if it has a buyout or some good stories and bottom fishers jump in then you are toasted.

Well for stocks that climbed up like a mountain like FGTV during the past 3-4 weeks; meant fantastic longs love it AND/or raised up w/ blood of disbelieved shorters during the maniac time. In this case you can only short at the end of Naz bull runs where a short squeeze occurs and you short real high and then Naz turns ugly. The best is short small first and add it up when it goes down as predicted.
Best Regards,



To: jbe who wrote (5055)4/19/2000 3:57:00 AM
From: Dale Baker  Read Replies (2) | Respond to of 19428
 
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.


Short squeezes are part of trading; you shouldn't short anything unless you take that possibility into account.

PGTV is in the same sector as DISH and GMH, both very hot stocks. No surprise PGTV shot up too, or that it bounced among the first rebounders since this sector is slated for huge growth in coming years.

It may not make sense in value terms; but you are trying to trade PGTV so you have to factor that in.

For more info, go to tigerinvestor.com and check out a piece I did recently called "Gator Wrestlin'" about shorting ZIXI.