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To: Author51 who wrote (2391)11/6/1997 2:28:00 PM
From: John Walker  Read Replies (3) | Respond to of 6076
 
John, it's been previously established that you can't navigate the web (see post #2328 on this thread). Now, apparently, it seems you can't do simple math either! A 25 cent move on 50,000 shares would equate to $12,500.00 not $25,000.00 as you suggest.

As for playing the ups and down of a stock, that's what day trading is for. Although you may be able to support "shorting" as a valid form of playing the stock market in general, I find it difficult to understand how you can so vehemently support the shorting of JOT in particular, while you yourself hold a long position.



To: Author51 who wrote (2391)11/6/1997 11:32:00 PM
From: Roy Cetlin  Respond to of 6076
 
John:

while I don't short stocks, I understand the process - we're talking about money management and risk / reward relationships - of course you can make money shorting Jot or a $1.00 stock - the problem is the downside risk can be huge - that's my point - nothing more, nothing less.

Roy