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

To: GREENLAW4-7 who wrote (5088)	8/8/2001 9:36:41 PM
From: ProDeath	Respond to of 6873

Not to butt in, but I was able to get shares at Datek today.

To: GREENLAW4-7 who wrote (5088)	8/8/2001 9:42:04 PM
From: Michail Shadkin	Read Replies (2) \| Respond to of 6873

GreenLaw - I am still short ALOY and added another 1/2 position at 17.30 I am still very bearish long term on this company. There is no problem at all getting shares at Datek. Etrade had none yesterday and today. To be fair, here is what Briefing.com had to say on ALOY yesterday: Alloy Online (ALOY) 16.64 +1.20: Ask most teenagers what the R word means, and you are more likely to get a response of Rave than Recession. Consumer spending and confidence data continue to suggest that adults are still extremely bullish on the intermediate-term prospects of the economy. If the parents are still spending, not much of a chance that the kids are cutting back... This trend plays right into the business plan of Generation Y marketer Alloy Online. The New York-based company runs an internet community that focuses on boys and girls between the ages of 10 and 24, a population that is estimated by the Census Bureau to grow 19.5% faster than the overall U.S. population and which accounts for more than $250 bln of annual disposable income. Unlike the typical internet community, a good portion of which are on the verge of bankruptcy, Alloy is retail focused rather than completely dependant on ad revenues. Merchandise sales accounted for approximately 84% of the company's $28.2 mln in revenues for the latest qtr. Much like GenY-focused retailers such as Abercrombie & Fitch (ANF) and Hot Topic (HOTT), Alloy Online's success depends more on staying ahead of the fashion curve than maintaining strong CPM rates... The $390 mln market-cap company is expected to achieve profitability in the OctQ of $0.07 a share. On a full year basis, ALOY is projected to post a profit of $0.05, followed by an expansion of EPS to $0.58 the following year. While the company's forward P/E of 28.7 is more than twice that of its brick-and-mortal competitors, it is only a fraction of that of other profitable online entities, despite ALOY's much stronger growth rate and the fact that company continues to raise guidance. Short sellers have bet big that the interest in ALOY would prove short-lived. So far, they've been wrong, as stock has surged more than 115% since the beginning of the year. The short-interest currently stands at about 20% of the company's float. ALOY represents one of the first examples of investors digging through the internet ashes for viable businesses. Company's small float, high short-interest, and strong technicals makes it a stock that momentum players may also soon discover. -- Damon Southward, Briefing.com