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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?


To: tcarnes who wrote (3567)1/28/1998 2:18:00 AM
From: taxikid  Read Replies (1) | Respond to of 4339
 
stay away from the roger's thread picks..unless you were right on time.. those small/micro cap shorts are the worst ones too fool with.. they are just barely shortable and you will short many more shares thanyou would{of ctxs,amzn,etc}so if you short 5k @ 5 1/8.. and it bounces to 6 1/2.. you are out $7 grand.. on a 25k short..
one of the biggest mistakes in the world to fight the tape for that last few dollars..IMO.. finding the tops are nice.. but..
anyone you can get $$ from is a good one..
i may have shorted elnk too early{or late..}
i am not in a huge position so i can add or afford the point spread..
not looking for death.. just a few points from the "safe" side{IMO}
taxi



To: tcarnes who wrote (3567)1/30/1998 7:21:00 AM
From: bazan  Read Replies (1) | Respond to of 4339
 
tj,

Can you tell me why you think uis is a good short candidate? On Wed, it broke thru 4 yr and 8yr resistance ($ 16 1/4) on decent vol. I would have thought smart $ would now jump in and drag it to its next level - $20. Love to hear you take.

TIA
ms