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Technology Stocks : Track Data Corporation TRAC -- Ignore unavailable to you. Want to Upgrade?


To: ISOMAN who wrote (1720)5/25/2000 11:35:00 PM
From: Captain Jack  Respond to of 2005
 
There is no way I would be short TRAC now. Too low cost to make it worth the risk. LOL! A 10K share short is not going to zero. What if a buyer comes along? For a short on 1K the impossible dream would come to a lousey $1500. If a buyer comes and offers $5--- the risk ratio at this point is just not worth it. Now if I had shorted at 6 and covered 75% at 2 there would be no concern. Unlikely as that is not the way most shorts play.