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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (6686)5/1/2001 7:12:27 PM
From: dawgfan2000  Read Replies (1) | Respond to of 52237
 
Dude, if you looked closer, most of the shorting was done from 30+ down to 12. 12-6 was just weak hands. Not everyone here was short LU, in fact, some of us were looking at buying it but were afraid of holding the $6.9 Billion dollar bag (which LU BARELY got financed BTW.) I think LU did it upon themselves no less. They have a ton of debt and (by their own admittance) a ton of bad business decisions to overcome. Why do you insist on blaming shorters instead of the company for its own wrong doing?

public.wsj.com

For you to say that "most of you were short at the time and many still are. But no hard feelings anymore." is speculative and with out merit.

I suggest you consider your audience (again) before you make such statements about "lies and innuendos".

P.S. Most of the safer players here feel a better entry point will be 13-14 because that will clear some overhead resistance and confirm a reversal per PnF.

cheers and congrats on buying between 7-9 and selling at $10.95.