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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (1060)5/14/1998 5:54:00 AM
From: Dale Baker  Respond to of 2506
 
I have shorted ZITL several times in the past, but its tendency to pop and my limited means make shorting large amounts like 1000 shares problematic at best. With puts, my downside is limited if ZITL actually turns the corner.

I'm thinking puts because I just made a chunk in some June puts and want to put the proceeds back to work. I will see how the market reacts to the 10-Q today.

Keep up the good work.