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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?

To: minorejoy2000 who wrote (4081)	7/16/2001 9:32:19 PM
From: Michail Shadkin	Read Replies (1) \| Respond to of 6873

Minorejoy - Re: CORV First let me say that I dont have any very long term horizons, like 5 years, on any stocks. Not even 1 year. The sector is pitiful and its not going to get better any time soon, probably get worse. CORV has a decent cash position and a small burn rate. So there is some value here. (but not for 5 years) They only have a few customers, which actually might not be such a negative. (bad news can come from only a few sources) I bought 3/4 position at 3.52 sold 1/4 at 4.00 and a 1/4 at 4.50 since added 1/4 at 4.00 I am adding or selling a 1/4 position with every 50 cents move. So far so good. Just wanted to try something different. I am not using any stops here for now. My target is 5.00 which has a reasonable chance. I am by no means in love with this long, just having some fun and hedging some shorts. Btw, its never good to see the insiders in a stampede. Michail