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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: chmaj who wrote (2396)11/4/1997 6:28:00 PM
From: David R. Doerr  Read Replies (1) | Respond to of 27307
 
To all shorters of YHOO or any other stock;

I'm by no means an expert on shorting stocks, but wouldn't you want to put a 15-20% stop loss on your shorts. To simply wait out for the trend to turn is asking for some serious trouble beside having your investment go to zero. And why would you short a stock with the type of momentum that YHOO has. I'm not a technical expert, yet, but I don't think the stock has broken down. Maybe I'm completely wrong, but shorting YHOO and waiting out this "foolishness" is very risky. TIFWIW.