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


To: Roger A. Babb who wrote (11883)7/22/1998 1:51:00 PM
From: j glad  Respond to of 18691
 
I just called Datek Securities,

They told me that if I opened an account there that they have 2000 shares of AMZN available for shorting. They didn't even hesitate. I am not sure how this possible considering that there is a 48% short interest in the stock. The only thing I can figure is that Datek has to be the one buying the stock. Several other houses like Bear Stearns and Goldman Sachs don't have any shares available for shorting.



To: Roger A. Babb who wrote (11883)7/22/1998 2:23:00 PM
From: JOHN CHEN  Respond to of 18691
 
I told my broker about daytek but he said there's nothing to borrow to short AMZN at this moment.

Market is totally nuts- all internet stocks are up.... MSPG up more than 10 points, up a total of 32 points in 3 days..... this is just nuts!



To: Roger A. Babb who wrote (11883)7/22/1998 3:03:00 PM
From: Baghul  Respond to of 18691
 
MSPG looking weak here. Shorting some before earnings tonight. Lot of the internet plays have been dropping after the reports. We'll see what tomorrow brings.