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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: islug who wrote (12349)9/17/2002 4:46:19 PM
From: acuransx_2000  Read Replies (1) | Respond to of 16631
 
Look at ESST's chart.The bomb dropped 2-3 times before everybody got the message.



To: islug who wrote (12349)9/17/2002 9:08:28 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 16631
 
Acu, likewise, did you have inside information of ACF when it was over $20 and you said it was going to single digits? Did you ride it all the way down? Pretty gutsy for a stock with a PE under $4. Or was it Mish or softech???

Seems like the shorting folks only stick their head in this thread when they can joke about companies breaking down, people losing jobs and old folks lose their pensions. Some kind of joke!

Most of us don't have inside information or advance information of a major colusion in progress to take a stock down. ESST jumped from 5 M to 12M short positions in one month while it was around $20 and just before Herb publishes his missle and about the same time Fulcum took its stab at the stock the day after ESST announced improved earnings picture.

Bruce