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


To: Craig Richards who wrote (7495)11/24/1997 9:08:00 PM
From: ted birnbaum  Read Replies (1) | Respond to of 9285
 
Looking back..

I was reviewing a few of my recent shorts. I was fairly new to the short sellers game. I used to think short was a short term play. I
post this for new people to the shorting areana. I think there will be
more and more looking to the short side. I just checked back on some
of my shorts on high flying stocks, in general if you short against the momentum be prepared to stick to your guns if a stock is not worth the money in time your play will work out. In some cases this has been a painfull experience for me but I have learned. Keep a reserve and stick to your guns:

Symbol Short at Coverd at Profit Loss Optimal Cover Optimal
------ -------- --------- ----------- ------------- -------
MCOM 12 12 3/8 - 3/8 11 + 1 3/8
MCOM 15 15 5/8 - 5/8 11 + 4 5/8
BONZ 10 10 1/4 - 1/4 8 + 1 3/4
BONZ 11 3/8 10 + 1 3/8 8 + 3 3/8
ONSL 19 3/4 20 - 1/4 16 + 3 3/4
ONSL 24 3/4 22 1/2 + 1 1/4 16 + 6 1/2
ONSL 27 3/4 22 1/2 + 5 1/4 16 + 11 3/4

FWIW