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To: Susan Saline who wrote (7660)2/3/2004 6:54:34 PM
From: Sam Citron  Respond to of 13403
 
TASR was up 15 bucks this morning and now down .50 cents

I think that qualifies for a key reversal day in TASR. It will be interesting to see what it does to the short interest, which is still bullish in spite of the obvious overvaluation. I guess we all know TASR is going to end badly one day, we just don't know when it will end. I used to think that key reversals like this had LT significance, but I have learned otherwise, which is why I am loath to short it even in limited quantity.

FWIW, I briefly considered buying TASR last year but hesitated mainly because I believed that they didn't have a significant or sustainable competitive advantage to other stun gun makers. I learned from that episode that investors need to consider such things, but that traders can probably ride the wave and ignore them. The important thing is knowing who you are.



To: Susan Saline who wrote (7660)2/4/2004 12:50:15 PM
From: Kelvin Taylor  Respond to of 13403
 
OT

MSCC looks interesting now below 30. could get a rise on a really in the NAZ or SOXX leading up to the split date. I'm nibbling now.