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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (2491)	12/12/2000 11:38:27 AM
From: Vincent Ramirez	Read Replies (2) \| Respond to of 2506

Shorting a stock at $25/32 ? What am I missing? regards, Vince

To: Q. who wrote (2491)	12/22/2000 10:46:38 AM
From: Q.	Read Replies (2) \| Respond to of 2506

I covered my tax-loss selling shorts for a 52% gain, vs. 3% for the Russell 2000 sold mkt cap bought change% instit ownership 12 mo. RS (11/28) ESAF 25/32 15M 1/2 -36% 0.4% 17 LDSD 7/8 12M 5/16 -64% 0% 14 TNCX 1 5/16 27M 19/32 -55% 2% 9 average change in price: -52% change in Russell 2000: -3% So my short selections outperformed the RUT by 49%. This is a lot better than my previous two years. I attribute the improved performance to shorting lower-priced stocks (~$1 vs. ~$5) and to luck with timing (a bear market is reaming low-RS tech stocks this month). period of short sale: sold 11/28/00 bought 12/21/00