Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: telebob who wrote (13168)	8/27/1998 1:55:00 PM
From: Scott Moore	Read Replies (1) \| Respond to of 18691

Well the market definitely helped today. But MANU had unexpected revenue shortfall last qtr, followed by a slew of investor class action suits. They issue a statement that they believe they corrected the shortfall problem days later(yeah right). Then in between the investor lawsuit press releases a bunch of upgrades, which tells me some large MM want to get out and also the press department is working overtime announcing new contracts. Hey I can understand propping up your stock price with press releases, but until they can show me the money, I don't think the bad news is over. That all being said I probably will take half the short off the table today, looking to reshort the same amount if they recover 2 points. Just plain lucky today Scott