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To: 2MAR$ who wrote (249)11/23/2001 8:35:03 AM
From: Susan Saline  Read Replies (2) | Respond to of 583
 
>>>.if you had shorted 20K shares of ITWO at $7.40/.50
the other day ...

is it a short now? or is it a long now?
iyho



To: 2MAR$ who wrote (249)11/23/2001 7:32:45 PM
From: victor pan  Read Replies (1) | Respond to of 583
 
Mars,

It appears that ITWO is not among the best longs now. There is some leeway before it hits the lower short-term trend line, daily volume is decreasing, most indicators are not bullish.

Why do you think ITWO is such a good short? What is your short-term target for ITWO? Speaking of way ahead of itself, what about JDSU?

I don't do shorts, because I don know how it works. For example, for $16K cash, how many shares of a $10 stocks can I short? I reason I don't short is that when the stock goes up, I'll get all those "calls" (like margin call). I cannot put more money in the account. It's against my strategy. I'd rather buy puts instead.