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: Michael who wrote (8370)	5/5/1998 3:47:00 PM
From: purecntry5	Respond to of 18691

Thats the definition of "whipsawed". Good Luck €á

To: Michael who wrote (8370)	5/5/1998 4:06:00 PM
From: Michael	Read Replies (1) \| Respond to of 18691

I do not like this. KTEL is taking me to the cleaners. I thank god that I do not "trade" I do not know how many of you "trade" stocks, and make money. ( I think it is mostly BS) I prefer the longer term investor route. Your Friend, Michael

To: Michael who wrote (8370)	5/5/1998 4:38:00 PM
From: Roger A. Babb	Read Replies (2) \| Respond to of 18691

Michael, ktel is a killer in both directions.

To: Michael who wrote (8370)	5/6/1998 3:24:00 PM
From: Al Chechatka	Read Replies (2) \| Respond to of 18691

It is emotionally draining when that happens. I think you are right in saying that you should just stick with finding good companies. I hope you were able to get out today in the 70's. It's a loss, but there are other winners out there. There is no reason why these stocks are doing what they are doing. I made the get in and out quick mistake today w/ GMGC. I bought 1,000 shares at 14 1/4. Fortunately, I sold at 14...now its 13. Sometimes it is hard not to get caught up in the greed, that is why the stocks go way out of wack (emotion, greed, panic). I hope you are able to get out of KTEL without much damage. Roger, thanks for the info on Datek about shorting KTEL. I didn't realize it can be taken away from you without you wanting to cover. I guess that is what a short squeeze is. There was a good note on it in MB Trader section a couple of days ago explaining this. It is good for any first time short traders, like myself. Question, how do you include the other notes? (ie I want to reference the note from MB Trader). Michael Good luck!!! Al C.