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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP? -- Ignore unavailable to you. Want to Upgrade?


To: Dulane U. Ponder who wrote (802)11/20/1997 10:34:00 AM
From: Thomas Klein  Read Replies (1) | Respond to of 1462
 
To: all short sellers of KO. KO has moved back to the $60.00 range.
I guess the squeeze will be hard to bear. Moreover, any put options will most likely end up worthless. KO will knock-out the short side.

By the way, when you all are covering your short positions, you must buy KO. Like I have stated before, it is a DEMAND game. And you buying to cover will add further upward pressure to KO stock price.

Shorting is a very, very, very, RISKY way to attempt to make money, and you have added to the risk by shorting an awesome company like KO. Perhaps you should put your money in the hands of a mutual fund manager.