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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: allen menglin chen who wrote (2696)2/11/1998 7:51:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 18691
 
GOTK's story is short and not so sweet - a few dozen discount convertible deals destroyed the stock, now another news flash catches out the brokers shorting it to zero and the momentum crowd jumps on. It will fizzle like a wet firecracker today or tomorrow and sink back to pennies where it belongs.

Yes, I lost money in GOTK long last year, then the flippin' thing wouldn't go over 5 again for me to short it and make it back.



To: allen menglin chen who wrote (2696)2/11/1998 10:09:00 AM
From: craig crawford  Respond to of 18691
 
<< Craig, GOTK's chart looks like another FIBR. It jumps from 0.4 to 1.5 very quickly with huge volatility and volume in the last few days. Too bad it's way under 5 for any shorting consideration. Is it worth some research? >>

Haven't done any research on GOTK. Did see the CEO on CNBC once and he seemed like a hypester so I dismissed it.