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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 (12599)8/11/1998 3:22:00 PM
From: Phil(bullrider)  Respond to of 18691
 
To All,

I see that my caution in shorting INCL and questioning the "hype" by some was well justified.

Have fun,

Especially you 1_D_T,
Phil



To: Roger A. Babb who wrote (12599)8/11/1998 11:41:00 PM
From: Hank  Read Replies (1) | Respond to of 18691
 
Roger,

Today was indeed a good day for most shorts but don't pop the champagne just yet because there is more to come. This is just the beginning, especially in tech stocks.

Hank



To: Roger A. Babb who wrote (12599)8/12/1998 3:09:00 AM
From: 1-DAY-TRADER  Respond to of 18691
 
Dear Mr. Roger and ALL : ref. INCL

I am heart broken for you and all those who lost. I did not lose on this dog, still. I covered at 5 5/8 while my shorting price was 5 3/4

If you have lost a lot of $, then I am really sorry. I hope I can make it up to you in any other way. I MEAN THIS!!!!

Although I have covered, I am not convinced that this deal will eventually go through.

Look at UNH & Humana merger. They have just announced that the deal is OFF, the reasons I covered today were:

1) Take profit NOW while still ahead. You never know what happens tomorrow.

2) I was hoping that it would go back up to $5 7/8-$6, where I was thinking to short few shares( just a few) in case the deal back-fires within few days.

We have to remember that it was fairly easy today to cover at 5 5/8, WHY ?

But most important to me is my standing with this thread & you Mr. Babb. I was very sincere in presentation, you and many others looked at it and reassured me that I was right on this dog, I was so comfortable with it, I refused to cover at 4 3/4 on last Wednesday ( almost w hole pt profit).

I never meant to present a bad short & I apologize to all !!!

Good Luck :)