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


To: Gordon A. Langston who wrote (10580)6/25/1998 1:49:00 PM
From: Pancho Villa  Read Replies (3) | Respond to of 18691
 
Gordon, one of the shorts that is working for me is ZONA, last shorted I believe at 35+. I hope AMZN will follow ZONA footsteps, hopefully at a greater speed. There is to be a pattern with stocks with large short interests, the sky rocket up on good news due to short covering and some wise guys with deep pockets that know how to take advantage of the shorts' fear. The result is an almost vertical raise in price, then the price collapses again as they get out demand dies out, and shorts think it is safe to short again. The sycle repeats as long as there are believers put there. I hope the cycle will apply to internet stocks too:-)

Pancho