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


To: Druss who wrote (7006)4/15/1998 2:55:00 AM
From: craig crawford  Respond to of 18691
 
Not only did I see KTEL being talked about as a short here, but people were talking about shorting it in the chat rooms all day today. I hate to say it but the guys in the chat room I follow are good contrarian indicators. It seems to me that it won't take long until that whole 900,000 share float is short. That would be a recipe for disater.

I see a possible run to 40 in the cards if the CEO doesn't muck up his appearance tomorrow. Lucky for him Mark Hanes is out this week and Mr. Softy Ron Insana will interview him, right?

In fact if KTEL drops a few points tomorrow morning I will probably jump in with both feet. If it gaps up 5 or 6 points I will more than likely stay away until I decide the time is right to go short.