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 : WELCOME TO THE CATHOUSE -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (1056)	5/24/2002 12:04:58 PM
From: ivan solotaroff	Read Replies (2) \| Respond to of 1065

CLGY Godot, This is an old, old cat, BTW. I wouldn't play it now until a VERY convincing signal day. Until then, I'd strongly advise separating the issues: a) a news-oriented story to buy/sell on (humbug), and b) a supply/demand issue to sleaze a few ducats out of when no one's looking (the Katman's Guide to Investing). First, a): An FDA issue? With news coming? Fuggedaboutit. The cat-fancier plays AFTER the news is out. Period Then, b) There's a big short-held stock overhang, entered into before the plunge? That means you not only have a dead cat swinging in the breeze, you have have a dead cat getting poked with a stick. Then you have a stock that's selling, what, 30k shares today? That would point to further erosion of price: They're holding a fire sale and no one's buying. If you're comfortable playing the news, fine, but it's not a dead-cat bounce. Just go to the Yahoo boards if you want to hear from people "in the know." They know nuzzink, and if they did, Why would they share it? The people really in the know either bailed or sold short. Sorry for ranting. I would say the only money to be made now is when the shorts cover, and that could easily be in the sub-$1 range. Ivan