Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: craig crawford who wrote (9030)	12/29/1997 3:32:00 PM
From: Mike Harkness	Read Replies (2) \| Respond to of 9285

>>So what do you do when YHOO shoots up to 75 and you can't get shares to short? Right about that time you wish you nibbled at 68. Especially if YHOO has one of those nasty days where you won't get much of an uptick.<< I won't short it if I can't get shares to short. I know from my own experiences that I must try to get a small gain right at the beginning of a short trade or I won't be able to hold on. I realized this from studying my past trading mistakes. Mike

To: craig crawford who wrote (9030)	12/29/1997 5:04:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 9285

Craig! Long time no see! >>>So what do you do when YHOO shoots up to 75 and you can't get shares to short?<<< I placed a good til cancel order to reserve shares. It is now scheduled to execute at 75, but I will move it up if the price moves up, or execute it when I'm comfortable. those shares will sit unshorted in my account until I decide. Barb!

To: craig crawford who wrote (9030)	12/30/1997 8:09:00 PM
From: Orhan Birol	Read Replies (2) \| Respond to of 9285

Craig, If you cannot get stock to short, you can always sell the calls naked. Although the premiums on the money or out of the money are very attractive to pass, if you are really convinced the stock is going down big you can sell deep in the moneys-just like shorting the stock; no need to borrow-no upticks needed. I would still wait for the stock to form a top before shorting. It is very dangerous to short stocks making new highs. Happy new year, Orhan