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

To: Bill Wexler who wrote (9988)6/14/1998 7:33:00 PM
From: Market Tracker  Read Replies (2) | Respond to of 18691
 
"I have a theory that a lot of amateurs rush in to short or buy puts on these stocks on the following Monday and they end up getting spanked.",

Bill, I'll buy into your theory and will watch the action in NSOL from the sidelines for now. Thanks.

Gary



To: Bill Wexler who wrote (9988)6/14/1998 10:43:00 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 18691
 
Bill, The Zitel squeeze to $72 was very intersting in that it was in part caused by shorts, not covering, but boxing with long positions which they then dumped at $60+. I think something similar happened with KTEL. Stupid me covered instead of boxed on KTEL and then couldn't get short when it crashed, still crying over that one.


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