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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: purecntry5 who wrote (7199)11/18/1997 11:59:00 PM
From: Don Westermeyer  Respond to of 9285
 
Got to agree, Cowboy.

I watched as AMZN when from $43 to $66. One needs lots of $$$ to back a heavily shorted stock (especially with a low float like AMZN). Small floats don't last forever on an overvalued stock though.

Don



To: purecntry5 who wrote (7199)11/19/1997 7:25:00 PM
From: Pancho Villa  Respond to of 9285
 
PC5>>"there's never a panic like the panic to cover a rising short position". <<

You got to be prepered to hold. If I trust my homework, I always ask myslef the following question: Will I have the guts letting this puppy double? One way to assure the answer is yes is to limit your exposure to any single short position.

Pancho


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