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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Tatnic who wrote (4630)6/24/2001 12:50:39 AM
From: SpongeBrain  Read Replies (1) | Respond to of 4634
 
CCCrawford, You ever hear of something called a margin call?

ATHM was probably up 10000% before it went down 90%
Doesnt matter that it eventually goes to zero.
Margin Call long before the implosion.
Anyone caught shorting net/tech in 1998 for their asses handed to them in a sling...youre a moron for STILL not even understanding that NOW...sad sad fool.

Wexler got BLOWN OUT shorting a bubble mania.
Go read the archive. He got SLAMMED.
Its comical in hindsight. End of story.



To: Tatnic who wrote (4630)7/3/2001 1:23:52 PM
From: Bill Wexler  Respond to of 4634
 
Thank you. Don't let the "Spongebrain" comments bother you. Like many of my detractors, he seems to have a selective memory. the fact of the matter is that on the inet shorts, I covered several positions early in the bubble phase and even went long on some (such as YHOO). However, on the fraud stocks (such as ZONA and ZITL) I never changed my position.