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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Anaxagoras who wrote (975)	4/2/1998 1:28:00 PM
From: drakes353	Read Replies (1) \| Respond to of 2506

Puckster: Either the convert holders or that idiot that bought 300,000 a couple of weeks ago probably thinking they were buying Electronic Arts (ERTS). I don't care where my selling pressure comes from...as long as it comes from somewhere. UFEM, one of my old shorts, went Chapter 11 today. Last at a quarter and to think I covered at 3 1/8. BOST below $4 for a lil' while today, forced margin selling is a helluva thing, eh? I'm thinking PRST might fit the BOST mold...large, sustained short interest and "off a cliff" relative strength. Worth a look, me thinks. drakes353