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


To: larry who wrote (10841)7/1/1998 7:46:00 PM
From: put2rich  Read Replies (1) | Respond to of 18691
 
larry,
thanks for your help but since I have only 100 shares at 99+ I think I can hang on for long time. I might buy 100 shares of good internet like xcit or some under 100 as a hedge. In the mean time I will try to get more money from loan or low rate visa to short another 100 if amzn hit 130.
Then if amzn refuses to tank I might sell all my belongings (hey my wife want a D so she makes sure I do not burn her part in this high stake game - that is fine, paperwise) I will short the hell at 160 to see how mad America is.
You know in the hindsight I regret not shorting iom (no short account at that time), zitl (did not know), or should have shorted much more vvus above 80.
Well I reason if I can ride it up and a guarantee that amzn hit at least the 50 level w/in 1 year then what else besides amzn to gamble on.
I don't think amzn hit 125 since I believe insiders might start selling like hell if possible, then the shorted shares are relatively smaller.
Thanks
Again is there any legal issue that insiders still do not sell like hell now? Any body know. If they refrain from selling now 'cuz think it is worth 200 then another isssue. Please