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: Mama Bear who wrote (9478)	6/1/1998 2:13:00 PM
From: craig crawford	Respond to of 18691

Ok I'm done playing with KTEL for now. Just scalping an 1/8 point was a lot of work. I'm not getting good fills (even with a limit order) so I will leave it alone even though I think it's going higher. Looks like most shorts aren't phased by the hype. I thought they would be.

To: Mama Bear who wrote (9478)	6/1/1998 2:19:00 PM
From: craig crawford	Read Replies (2) \| Respond to of 18691

Ok, just covered my CFON short at 6 3/32 for a big 3/16 gain. I know you guys are getting tired of hearing about my scalp daytrades, but I know you guys are going to give me a hard time about DELL. I have made up over 2 of the almost 4 point decline in DELL that I have absorbed trading CFON and KTEL today.

To: Mama Bear who wrote (9478)	6/1/1998 4:09:00 PM
From: TheGoodDoctor	Respond to of 18691

Barbara, Datek wouldn't short VIFL either - it was an absolute one day gimme a number of months ago - dang! TheGoodDoctor

To: Mama Bear who wrote (9478)	6/1/1998 4:15:00 PM
From: Peter V	Read Replies (2) \| Respond to of 18691

Barbara - At least I won't have to worry about my hair turning gray anymore. I thought the Enamelon turned you into a supermodel?!?!?! I am also in CFON today at 6 15/32, nice to see it close below 6. Craig covered too early. Dreyfus had shares, but they split my order into two equal-sized trades. Does anyone know if brokers charge commission on that as two trades?

To: Mama Bear who wrote (9478)	6/1/1998 10:41:00 PM
From: poodle	Read Replies (3) \| Respond to of 18691

<<Datek account: Short sells are almost never rejected due to lack of shares. To the best of my knowledge, KTEL is the only one ever.>> Barb, ENMD is nm in Datek (I do not know the reason). BTW, what is the best broker for options trading in your opinion? Are you using Dreyf? How it's going? TO ALL: Could you please post text or link to the rule that prohibit short sale of below 5$ NASD issues. Thank you. Have a nice evening.

To: Mama Bear who wrote (9478)	6/2/1998 8:46:00 AM
From: Pullin-GS	Respond to of 18691

Some TA from last week for a gem (short) still in the making....much still applies. exchange2000.com Covered my CFON short on Monday (been short since mid 9s and 7 1/8). Shorted original position in high 5s again, and doubled up at 6 1/8. This pup makes no sense at all. They get a single contract to the DOD for 50 set-top boxes to be used in a pilot project that is slated to run for 15 months....in other words 50 is it. Some traders here make more than what the total contract was for in a single trade! And on top of that CFON tells the world they have extensive losses in the forseeable future....and decreasing revenues (this is very bad) while losses are on the rise. I smell a penny stock in the making (and I mean penny stock, as in < $1). PS: As far as Datek having shares, yes I agree, they are good. I use my ECN/SOES trading account for those daytrades that must go through in seconds (usually less than 3)....but the account sucks for shorts...never has what I want. I actually shorted CFON without checking the broker-borrowable list for 9 5/8 a few weeks back and I got a call from them saying I had an illegal short! It takes about 2-3 minutes to go through the short list via the web (only about 900 entries) only to be disapointed in most instances. I used E*Tard for my next CFON shorts...slow executions cost me about a grand when I covered yesterday, but at least they had plenty of shares at 8 and below. Anywhere above that and forget it...the MMs where sucking up all the shorts. I could'nt get any.