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


To: Druss who wrote (5389)3/23/1998 2:21:00 PM
From: Ploni  Read Replies (3) | Respond to of 18691
 
Subject: WDRY

My borrowed shares were called in. This is the first time I've had that happen. At least I made a little money on an earlier batch of WDRY, and got out close to flat on this batch. If it had been any other short, I would have had to take a bigger loss, which I wouldn't like.

Now that I have been forced to cover, I now predict that WDRY will collapse to under $5/share within two weeks. Good luck to everyone else. There's a saying that people are either lucky at money or love, but so far I've proven a failure at both...



To: Druss who wrote (5389)3/23/1998 2:40:00 PM
From: CalculatedRisk  Respond to of 18691
 
Druss, re:ACLY. The CEO (Mr. Geimer) is responding through Jeff Mitchell (apparently they shared breakfast last Friday). Here are Jeff's posts and my response is at the end:

The FORTRAN Myth:
exchange2000.com

Option exercise last quarter:
exchange2000.com

Market Analysis:
exchange2000.com

And a couple of others:
NOTE: ACLY started as HYDROSEEK ... looking for water!
exchange2000.com

ACLY claims R&D expenses are in G&A!
exchange2000.com

My response:
exchange2000.com

I agree ... CEOs should pay attention to their business and ignore posts on the Internet!
Regards, Bill