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


To: Roger A. Babb who wrote (7846)4/25/1998 5:33:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 18691
 
Roger; you can't get K-tel to short..you have to tell a white
lie and say you got her..and do the 3 day thingy , better look
at her again..float and all and volume trading..every short in her
is in a trap..it's shorts shorting to shorts trying to cover,
and the Market makers got them by the short hairs, it's pure
crap to say K-tel is OK to short..they are getting killed..
don't let any one tell you other wise either.
As much as you talk shorts you should know what a short trap is
the SEC ought to halt her..this is criminal.
It's the result of some very unscrupulous brokers taking advantage
of some hopefull novices that they likely baited in with a few
hints of how to short even if the shares are not available..
and yes you can do that , you can also jump out of a plane
at 10,00-ft with out a parachute too. <G>
Don't think you are good enough for a minute to get in K-tel
short and not get skinned..they got you the min you short her,
and you will not cover on any fall..only the market makers will
get covered..I know how that crap works. On top of that you
can't do a thing about it because you had to lie before they
would let you short, the scam is not a new one, but it seems there
are always new suckers who fall for it.
You see a stock trading 6M shares a day and there are only 900k
out you got to know something is wrong. The Market Makers are
cleaning up..
Jim