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

To: S Shaw who wrote (13474)	9/3/1998 11:52:00 PM
From: BDR	Respond to of 18691

Re: WDRY buyin Last week I got two such messages on consecutive days about SACM. Never got bought in, no news, and the stock hasn't budged. Don't know who did what.

To: S Shaw who wrote (13474)	9/3/1998 11:54:00 PM
From: Roger A. Babb	Read Replies (3) \| Respond to of 18691

Scott, a share call in is usually negative news for the stock price. Hang on and hope that you are not called. I will be in Australia for the next 10 days. Keep the thread alive while I am gone and gently boot anyone who posts offensive language please. (For any burglers, the singing dog also bites)

To: S Shaw who wrote (13474)	9/4/1998 12:14:00 AM
From: Dante Sinferno	Respond to of 18691

Scott...WDRY call in It could be something as simple as Datek just having fewer shares available to be borrowed. If Datek customer's have been selling and another broker's customer's have been buying etc. A different , unpleasant scenario is one where a large shareholder has allowed their shares to be borrowed by keeping them in a margin account and then moves them to a cash account to force the buyins and drive the price up enough to possibly attract some momentum so that they can then sell at a higher price to those forced buyers , thereby liquidating their position. I had shorted WDRY way back at $28. They had an acquisition a few days later that spiked the price up to $32 and I had a forced buyin. Ouch As Roger stated , the prevailing strategy seems to be to wait it out. Rob