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


To: Jeff Jordan who wrote (3175)2/18/1998 5:42:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 18691
 
>>off 5/8 from intraday high! I wasn't going to chase good money after bad...maybe tomorrow...I will feel better if I see -1???<<

My analysis of BFIT gives my POV on the stock. I am backing my words with my funds but notice some heavy weights are betting against me (Janus, FMR, Pionner). I still feel confident about my research and will patiently wait for the fundamentals to be reflected in the price. Each person must make their own decisions some pretty good guys (Michael Price, Lynch, etc.) make mistakes. In my case I hope BFIT is not one of these because I am breaking the rules regarding diversification on this one. I just don't see a better short around.
Yesterday I covered my SEEC short at 18 (If you check my old posts using a text search with the words SEEC and Pancho). You will see that I shorted at around 217/8-22.

Pancho