To: viper who wrote (5241 ) 2/13/1998 10:53:00 AM From: flightlessbird Read Replies (1) | Respond to
Viper: it seems that you have indeed added a source to your list used for determining whether to short or not. Roy Carson. So now we are up to Bloomberg and Carson in your reference library. I do, however, appreciate you revealing your short position. However, given that KRY spent only the past 2 days (and the 1/2 hour before the halt) ever above $7.25, you must have added to your short position SUBSTANTIALLY over the past 2 days to achieve an average entry of $7.25US. That's fine and I suppose I'll take you at face value for that average entry point, though I suspected you would give me a figure just off the current trading price but high enough for it to sound like you weren't getting burned to bad (and you did). Either your timing has been fantastic or you really have loaded up your short position in the past 2 days. For you to be in an average short position at $7.25 when the stock has moved +$5 to a current price of $8US in the past 2 weeks is impressive. But again, I'll assume you loaded up just recently. Nonetheless, I do thank you for sharing that information. Now we will have an accurate gauge for your profit/loss. By the way, I am wondering where you have found evidence of KRY putting out takeover rumors. That would be very interesting evidence to me. As I see it, the recent press releases issued at the halt seem to contradict any intention of such rumors. And if you feel that KRY is putting out such rumors indirectly, I'll believe it when I see it. Please show me. KRY, from what I have seen, has been quite tight-lipped about any information at all. Thanks.
