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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (10174)12/3/2001 6:11:58 PM
From: mishedlo  Read Replies (2) | Respond to of 99280
 
NV - ENE is going to Zero.
Yes you passed up a chance for a double or better.
Shorts are cashing in on huge gains (why take a chance when you have ridden a stock down to .25). When they are done covering (its anyones guess when), ENE does a quick dive to zero.

Just like EXDS (hope I have the right symbol here).
M



To: t2 who wrote (10174)12/3/2001 6:15:42 PM
From: mishedlo  Respond to of 99280
 
I am just looking at the ever increasing short level; at this point it does not really matter to me if it is commercial or retail. IMHO, as the level of short interest gets higher and higher, the retail versus commercial may not be as significant anymore----just my guess.

In the end, the short are almost always right.
Fundamentals matter eventually and fundamentals suck.
Finally if the COTs are short you have the situation of Abbey Conehead pumping whatever stock, all the while the brokerages are shorting the crap out of it. Yes it does matter whether it is J6P or the commercials being short.

M



To: t2 who wrote (10174)12/4/2001 1:56:04 AM
From: sylvester80  Read Replies (1) | Respond to of 99280
 
Anyone see ENE. Wow! $0.60 afterhours. I thought it was going to disappear. Those who bought yesterday at $0.25 made a very good speculative bet.

You're funny. That's just short covering dead cat bounce. Shorts made a killing on ENE. They are just caching in their huge profits. $80 to 25c. lol. Congrats to them. They made the right call again.