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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 (13219)	8/28/1998 11:21:00 AM
From: put2rich	Read Replies (1) \| Respond to of 18691

Roger and All, today seems to be the day of internuts: most or all get killed!! which ones are still good to short? (amzn the best to bad Datek s..cks)

To: Roger A. Babb who wrote (13219)	8/28/1998 12:48:00 PM
From: Al Chechatka	Read Replies (1) \| Respond to of 18691

Roger, I have been watching CLCX go down from 20 to 5 this month. I was long this stock because I believed it really had a great market. Good earnings, lawsuit settled with AG in CLCX's favor, and education growth rate because of Federal Money from Bill Clinton. They had a shareholders lawsuit that dropped the stock from the low 20's down to 13 or so. I still feel that it has no substance, and was filed 3 months after the findings were found. The short interest was huge ... over 8 million. The total number of shares was 17 million and only I believe 7 million were not held by insiders (I'm not positive on the 7 million part) So almost all shares were short. Eventhough I thought the lawsuit was frivolous, and the company would bounce from 12 back to 20, I was scared of that short interest. 1) Should that have been a huge red flag that there was so much short interest with this stock? 2) Will they cover now that the stock has gone down 75% or will most ride it even further. 3) With that much short interest, have you ever seen it burn the shorts. 4) Could the shorts have manipulated the stock from 20 to 13 with the lawsuit (today's drop was due to lower earnings and had no caused by the shorts). I am still long the company, but I have never seen so much short interest in a stock and I should have gotten out much sooner. I wish I would have told you about this company sooner so I could have possibly taken your advice and maybe you could have profited. Thanks in advance, Al C.

To: Roger A. Babb who wrote (13219)	8/28/1998 1:47:00 PM
From: RockyBalboa	Respond to of 18691

Hi, Roger! Some rather urgent question on GMGC. GMGC look like a broken stock, gyrating today, now at 7 3/8 (+2 1/4). I think, I have already read about GMGC in this thread or the broken stock thread. What do you think, can you give me some hints? Starting with a small long at 6 it already went through some gates turning my position into an outright short now. Volume already > 3M. Thank you in advance Christian

To: Roger A. Babb who wrote (13219)	8/28/1998 1:59:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 18691

GMGC: Looks like a fully fledged P&D. Stock went off 7 on heavy volume, now at 6 13/16. Time to pile up? Christian