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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: diddlysquatz who wrote (1766)	7/26/1998 6:48:00 PM
From: Bill Wexler	Read Replies (4) \| Respond to of 4634

GKI looks like a terrific short - the only thing that concerns me is that it is obviously heavily manipulated. When a stock has a small float and you suspect that it may be rigged, you want to know who is on the other side of the trade. I haven't picked up Barron's yet, but I gather from the internet chatter that a negative article appeared this weekend about GKI. From past experience (call it cynicism, call it superstition) I have found that it is usually a bad idea to short a stock immediately after a negative Barron's report - the theory is that a great number of amateurs rush in to short the stock (particularly an obvious pump and dump like GKI), and they subsequently get squeezed.