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


To: Joey Two-Cents who wrote (10034)6/15/1998 12:26:00 PM
From: Lazlo Pierce  Respond to of 18691
 
JTC<<Roger, I tried to short AMZN when it was 40 (post split) a couple of months ago but there were no shares available. >>
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FYI AMZN last hit 40 post split on 5/27. That was 2 1/2 weeks ago. It sure seems like a long tome. Nice run though from 40 to 66 in 12 trading days! Consider yourself fortunate!

Dave



To: Joey Two-Cents who wrote (10034)6/15/1998 2:03:00 PM
From: Roger A. Babb  Read Replies (3) | Respond to of 18691
 
Joey, yhoo up today too, even though their news feeds have failed again. I have noticed that the yhoo financial stuff almost always develops trouble on bad market days. Maybe they are censoring bad news!



To: Joey Two-Cents who wrote (10034)6/15/1998 4:12:00 PM
From: Ploni  Read Replies (2) | Respond to of 18691
 
Today I bought a few KO August 65 puts, just in case we have a meltdown in the next few months. I don't know if it's smart betting on KO to drop during the hot summer, but it is insanely overpriced. I think the P/E is around 49, for a stagnant company selling sugar water.