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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (8)2/22/1998 1:11:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 4634
 
Be Confident, that if they were smart enough to pull this off,
they will have help clipping the shorts..It's bad enough to short
in a bull market, but shorting a stock with a small float can
take you to the poor house fast. Many scams are just hoping for
shorts to get on them. You could well be right about her going
to $1 , but between here and there she could go any where they
want her to..and the borrowed shares can get called in just
when your over the barrel. You could have bought it in 96
for $1.50..if you missed that don't be so sure you won't get
clobbered shorting..The last shorts to come in generally get
clobbered just as bad as the last persons to buy..have you
checked her short interest history ?
Jim