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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: taxikid who wrote (803)5/8/1998 5:19:00 AM
From: Bill Wexler  Read Replies (2) | Respond to of 4634
 
You are incorrect and you forgot all the additions...

HMSC
ENML
CCSI
HEPH
ALTIF
NSPK
CYBG
SPLN

SPLN is brand new...every other recommendation is trading below where I first recommended it as a short. HMSC was covered at 5 (first recommended at 11). NSPK was covered at 23 (first recommended at 26). ALTIF is the biggest winner out of the remainder (first recommended at 13 - now 8).

In fact, if you consider ALL the stocks, you're overall performance would have been much better than you calculated. It would have been extremely good if you would have shorted an equal dollar amount of all the stocks instead of equal number of shares. In fact, the header of this thread specifically states that the index is based upon shorting $1,000 of each stock as a baseline.



To: taxikid who wrote (803)5/8/1998 5:37:00 AM
From: Bill Wexler  Read Replies (3) | Respond to of 4634
 
Out of 14 short picks, 2 are underwater, 1 is slightly underwater, 1 is breakeven, and 9 are in the money (I'm not including my brand new pick SPLN).

I should also note that I recommended hedging both ZONA and ATHM with options early in their runups.