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


To: Jeff Jordan who wrote (3185)2/18/1998 6:29:00 PM
From: Pancho Villa  Read Replies (2) | Respond to of 18691
 
>>I don't know when you started shorting BFIT but from 19 1/2 you are under water 30% This is big dead money! And you have a long way to go for a return on your investment.

IMO...this is not sound investing! Its the same as trying to catch a falling knife. I won't harp about it anymore...<<

I am not advising anyone what to do. I use SI as my record keeping device, a net place were I can scrible my notes! I am not an investment adviser. I Actually started shorting BFIT from 17+, so yes I am under water with an average price of around 22. I always make it clear that I do not try to predict short term price moves in the stocks I short and that many people who short do not follow a fundamental approach to shorting.

Pancho

Pancho