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

To: Timoteo who wrote (6676)4/9/1998 7:03:00 PM
From: Mark Smith  Read Replies (1) | Respond to of 18691
 
For the first time I am concerned about my YHOO short. Before you start criticizing me for not covering 2day, my concern is directed at he probability that margins calls will occur now. This will add more up pressure on the price, will it not? Am I misreading this because I have also been given conflicting information about the number of YHOO
shorts out there. As of March 15, there were 4.6 million shares shorted and 11 million shares traded today. But according to various message boards, there seems to be hardly any shorts left.

So, in short (no pun intended), any thoughts on the real number of shorts out there and will margin calls start ring now more than before? Also, although from a technical point of view, a split is unlikely, anyone think that this is a real possibility?

Back to beer



To: Timoteo who wrote (6676)4/9/1998 7:11:00 PM
From: RUILIN ZHAO  Read Replies (2) | Respond to of 18691
 
> shorting YHOO prior to earnings was a gamble which I lost on. > Fortunately it was only a 100 shares. I
> covered @ 109, and went long 200 shares @ 108 3/4 and put in a > limit sell order @ 113 all this a.m.

Would that be wash sale?

Ruilin


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