Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Steve Patterson who wrote (1442)	7/21/1998 8:43:00 AM
From: Dr. Seuss	Read Replies (1) \| Respond to of 2506

Steve, The one thing I have learned (the hard way) is that patients ALWAYS rewards the short with stocks like OCOM. Clearly this doesn't apply to stuff that is only overvalued, but broken as well. OCOM may take a week or so, but it will trade down. The stock Genie move was one of desperation and if you look at the chart (for the last 6 months), ever one of these runups was short lived. Hang in there. I am increasing my short position today. Also, AVNT (the kings of spin) announce a stock buy back today. After dropping 6 points in the last week, I think it will be a good time to look at covering any short position and I may even go long for a short time. Dr.s