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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Clase Azul who wrote (2593)	9/4/1998 8:55:00 AM
From: Mama Bear	Read Replies (1) \| Respond to of 18998

Bud, the absolute price of a security is irrelevant. That is unless it's under 5 and I am not allowed to short it. I shorted FIBRD at 6 1/8 earlier this year, and made the unfortunate mistake of covering at 3 1/2. I shorted some CFON at 5 9/32 (and other lots higher) and CFON is my best performing position YTD. The lot at 5 9/32 has returned 45% at this point in time. One of my "missed" positions was covering and not adding to my KRY short at 1. That would have returned more than 50% One day I'd like to be able to set up a Canadian or offshore account so I can short the real dogs. Barb