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

To: ref who wrote (818)	1/1/1998 2:43:00 PM
From: Carl Yee	Read Replies (2) \| Respond to of 2506

HMSC: I covered since I made my target of a couple of points. This was my third short of HMSC and it has been a good stock to make a few points on from a round 10-11. But, I have no special insights other than what has been posted on this thread. I short broken stocks for very short term targets and it may go to five and I'll be happy for those who stayed short. But, with the tax loss selling season over, I figured these types of stocks (broken) might be set for the so-called bargain-hunters to buy in again. So I played the odds as I see them. Besides, I am going skiing this next week and needed some play money.<G>. Happy shorting (and longs - in the right stocks of course) to all in this next year. Carl