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Strategies & Market Trends : Playing Hammered Stocks for a Bounce, But How? -- Ignore unavailable to you. Want to Upgrade?


To: JEFF CHAPMAN who wrote (33)1/22/1998 8:09:00 PM
From: Instock  Read Replies (1) | Respond to of 159
 
Jeff : IOM does look like a good canadate! Did you decide to do anything with SYBS today? I short sold it at a pretty good price. The BAD News seems to just keep rolling in and Friday should see more decline.
Today it seemed that short sellers from the past weeks were covering as a new group of Short Sellers were coming in. I do not expect to see so much covering Friday and expect to see a healty decline in price.
I can't imagine anyone wanting to BUY SYBS and have to sit on it for a week till BAD earnings come out. Wonder what other BAD news is just waiting around the corner?

I will keep an eye on IOM. AHhh... how the mighty have fallen!

Instock