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Microcap & Penny Stocks : NETZ - gets deal with DEC! future 100 bagger? -- Ignore unavailable to you. Want to Upgrade?


To: RDavidson who wrote (545)11/22/1997 10:55:00 PM
From: Just My Opinion  Respond to of 1702
 
RD: Thank you for your input, but if you will take the time to see what other people have to say about him, maybe you will change your mind.
I am stating here, for the record, that I don't give a hoot what he has to say about ANY stock.
You do want you want..That's why Ben and Jerry's are in business.
I completely disregard his posts..I never know what his direction is...
al



To: RDavidson who wrote (545)11/22/1997 11:54:00 PM
From: TokyoMex  Read Replies (2) | Respond to of 1702
 
Roger writes;

<<TMex is no shorter, and no one abhors pump & dump more than he.>>

Roger I do short the stocks as a tool.
I am shorting IOM now , I have shorted INTC and DELL also ACLY many times.

I do not short pennies a) because you are not allowed
b) not enogh incentive
Other hand hedge funds or MMs can short any stock they want either covered or naked. They will also short their own stocks ( reminds me we have to ask NETZ who their MMs are )

Shorting comes in many forms Roger, as in puts or in commons or in indexes.
If let say you bought a stock at all time high because every one says its a great stock and its gonna go higher. Like remember MCAF last Sept?
It hit all time high of 78 and Merril Lynch wss saying it will go to 100 before INTC post split.
Well the day of the MCAF earnings they beat all estimates sky high but also on that same day Semantics filed a lawsit for pattern infringement ! The stock dropped to 55, after hitting 79 3/4 on the instinet, Its called a Unibomber effect and can happen to any stock.
Look at SEG, it was touted by all the MMs then a Singapore news paper breaks a story that they were laying off people. SEG denied it saying all is well. Sure enogh SEG later admits louzy QT and the stock tanks 50% same with ASND and COMS.

Now if you would have bought on Merril Lynches recommendations a 1000 shares, but felt uncomfortable, by having bought 10 puts (for a few hundred dollars) , you would have made more money on the short at same time kept the commons and let it work its way up.
Also calls and puts are time sensitive and there for risky but if you short commons let say . Say you had 1000 MCAF long and 1000 short MCAF in the event, you would have broke even.

Pick any stock that you think is over valued. Like AMZN lets use AMZN the stock trades at high pe and no eps, only thing they have is investor confidence or hype let say. If you think the company will not be able to satisfy the share holders expectations you short and wait for the price to drop. This again depends on tour DD.

Its an investment strategy that is used and it is more risky then going long but it has its own rewards.

When I also first began cyber trading and when I was long on IOM I used to hate shorts. I thought they were the @$#%@$# of this earth.
But I learned through time that its the reality of the investment strategy .
You are either a bear or a bull or a pig and get salughtered,

I hope this helps.
Joe

PS Al I am not short on NETZ ! Get it through your head ! LOL