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

To: UFGator93 who wrote (12451)8/6/1998 9:35:00 AM
From: UFGator93  Respond to of 18691
 
Tried shorting IBIS but couldn't get shares from ETrade. Too bad, this one should be back under 9 within a couple of weeks.



To: UFGator93 who wrote (12451)8/6/1998 10:07:00 AM
From: Christian Leon  Read Replies (2) | Respond to of 18691
 
Given that IBIS missed earnings by 90% and they had a pretty sharp rise I suspected they won't hold at the above 13 level....seemed too much like a momentum price swing. I put in a limit order overnight for the opening to short at 13. I got filled. Looking to cover below 8-9.

Christian


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