Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: James F. Hopkins who wrote (7877)	4/26/1998 4:08:00 PM
From: Dale Baker	Read Replies (2) \| Respond to of 18691

With KTEL or any other stock, if you can find shares to short, if you aren't up against margin limits, you can always buy at market whenever you like. Your scenario describes someone who shorted at 6 and didn't cover after the first bad day. They could have covered at the open on the second day at a bigger loss, but still not at 40. No one should have shorted a momentum stock with a 900K float. It's suicide unless you are very lucky. It comes down to judgment, deep pockets and cash management. Shorting momentum stocks isn't for the faint of heart. But let people learn from Roger. Even when he shorts CTXS. We all do it sooner or later. Track his trades and you will see he does it better than most.