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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Carl Yee who wrote (772)	12/6/1997 8:04:00 PM
From: Dante Sinferno	Respond to of 2506

Re : HMSC No good reason that anyone has figured out yet Carl. Geigartt mentioned a delayed reaction to the press release announcing Jill Eikenberry as a spokesperson but even that is for early detection and not HMSC. My thinking is that it's just anticipation that the product is supposed to actually be manufactured this month. In any event , I shorted at $11 , and sold off a long position yesterday in another stock to add to my HMSC short should it bubble up more this week. Rob

To: Carl Yee who wrote (772)	12/7/1997 1:09:00 AM
From: chester lee	Read Replies (1) \| Respond to of 2506

Carl, <<BTW, took my profits on SHVA and BBTK. One thing nice about these broken stocks, a low price lets you short a lot of shares and a point or so drop is worth taking>> That's certainly true, but a point rise can mean big losses. As for myself, I like to trade as a percentage to the overall portfolio in round lots. That way, I'm somewhat protected from having my entire portfolio wipe out from a buyout or some unforseen event. I always keep in mind my reasons for shorting is to hedge my long portfiolio and to better use my margin capital. Good luck scalping. As for HMSC, No change with the exception of a product rollout in December. Chester

To: Carl Yee who wrote (772)	12/7/1997 2:21:00 PM
From: Michael T.	Respond to of 2506

I have successfully shorted HMSC on 3 different occassions at 12 1/2..10 1/4 and 11 1/2. This seems to be a good price entry based on the past performance. If I can borrow shares...I'll do it again. I'm hoping that one of these tries will be the one that finally brings this dog down to the terminal short that it belongs. Mike