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To: peter michaelson who wrote (11813)4/29/2003 4:22:12 PM
From: tsigprofit  Respond to of 48461
 
ROHN - Peter, I took a really small position in this
awhile back (shame on me) because of the chart only:

There seems to be real accumulation, by someone.

You are probably right about the fundamental stuff, but
something seemed positive to me, hence the long-shot bet.

t



To: peter michaelson who wrote (11813)4/29/2003 5:30:50 PM
From: Qone0  Read Replies (1) | Respond to of 48461
 
Hello Peter,

I bought quite I large position of ROHN at .10 and .11 almost all of them I sold today. I kept a small position just incase it gets wild. If you shorted in the .40`s you should be alright IMO. If you shorted at .20 or lower you could be in trouble as ROHN has about a 17.2 million share float and has traded well over half that amount over .20. So that would set up a fairly good base at .20 IMO.

BTW, What brokerage do you use to short penny stocks at?



To: peter michaelson who wrote (11813)4/30/2003 12:00:56 AM
From: KonKilo  Read Replies (1) | Respond to of 48461
 
Any thoughts you would be willing to share (re ROHN)?

Thanks, Peter, for the post. I am not one of those folks who thinks shorters are un-American. <g>

I am a chartist almost exclusively...rarely look at fundies. The long-term chart (yearly w/ weekly bars) in particular has looked great for several months, even through all the bad news, which is why I held on.

But lately, I've ridden too many spikes right back down again, so I sold all my ROHN today (for about a 300% gain). <g>

I would not argue against shorting a spike this steep on shaky fundies, although I might be inclined to wait one more day before taking a position.

Good luck to you.