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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Scrapps who wrote (8518)11/4/1997 2:05:00 PM
From: Jeffery E. Forrest  Read Replies (1) | Respond to of 22053
 
Are you short ASND?

I wish :-(

I'm just glad to be out of that pooch. I did GREAT when I first entered a few months back. Got some excellent trades out of it.

Then it hit the fan. I got back out for a while, then dove back into the sewer right after earnings thinking that all the bad news would be out.

Got a real nice trade from 30 to 35 and some sweet Covered Call premiums, but ended up eating the last few hundred shares at a small loss.
All in all, I'm ahead, but in hindsight I played it VERY foolishly.
When Unkie Mory didn't show up at that high-tech conf. , that should ave been the final signal to go short.
I have not yet seen an instance where this was not bad news for a stock.

Shoulda, woulda, coulda,....sigh.