Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (36005)	9/24/2001 6:14:01 PM
From: Jim Spitz	Respond to of 37746

I kind of felt that a squeeze would happen on VSNX and felt it was too much risk, so I bailed. I am waiting because now the stock looks to be trading on a more standard momentum profile. Last time, it simply gapped and stayed up. This time, the chart shows an orderly ramp, so I would expect it to tail off and make a better short. Especially considering the current valuation. This was a $4+ stock. Fundamentals will change, I believe because of their products, but short term, the money ain't there, so they may fall off. or not. I may or may not re-institute my short. I am already into three positions and that is my current personal guideline limit. I need to plan the plan and then execute the plan and remain disciplined so I can take the money home consistently. Stay in the Black! jimS