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


To: virgil vancleave who wrote (12603)8/11/1998 6:37:00 PM
From: Phil(bullrider)  Respond to of 18691
 
virgil,

My only comment on your list of shorts is LHSPF.

I went long @ $46. It proceeded to around $90 and split. From there it climbed to around $60. This may or may not be news to you. From around $60, it fell back to the $50's and when it fell below $50, I sold my original shares to get the original investment capital back, and even today it is still priced at over $46, my original entry point, (which is really $23, post split)

LHSPF may be a good short term play when daytrading, but I would be extremely careful, and would definitely not go on a two week vacation while short.

Good luck,
Phil