SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: cool who wrote (9878)4/22/1998 6:01:00 PM
From: Matthew Cooper  Respond to of 34592
 
Which short squeeze are you talking about? I have been shorting stocks left and right around here. I find a stock with a press release that says "internet" in it, wait for the stock to go up 1 gillion% and then I short it at the peak near close. Then everyone goes home, reads the paper, watches the news, sleeps on it, then wakes up the next morning and says: "OH MY GOD!!! I paid $11 for SEVL??? WHY???" Then they come in and sell, sell, sell. I wait a major dip and then POW!!! Profit city. It is SUPER hard to go against the herd, but since I have grown the balls to do it, I have been making major money. You sweat a lot at first, but once it works several times, you get immune to it.

As for a "squeeze," I hate to say that I can squeeze a stock. With SEVL, I shorted 4000 shares. A drop in the bucket compared to the 20 million that traded. My trade had no effect on the market (esp. since you have to wait for an uptick to short it).

Good luck.