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


To: Greg M. who wrote (11030)7/6/1998 7:00:00 PM
From: JOHN CHEN  Read Replies (2) | Respond to of 18691
 
Greg, AMZN to annouce stock split 3 for 1 in a few days.....



To: Greg M. who wrote (11030)7/6/1998 7:08:00 PM
From: JOHN CHEN  Read Replies (2) | Respond to of 18691
 
People who short AMZN and YHOO now are truly idiots.

I absolutely agree that AMZN and YHOO will have to come down but people must be patient.

Both AMZN and YHOO are about to annouce earning in a few days and you can bet on a 3 for 1 or 2 for 1 stock split for both AMZN and YHOO to come at the time of earning annoucement.

Shorting before stock split annoucement is like asking for a shot in head!

Be patient! After earning annoucement and stock split, you can short the stocks at much much higher prices and enjoy a bigger fall to come.