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Non-Tech : LABOR READY (LWR) THE NEXT MANPOWER. -- Ignore unavailable to you. Want to Upgrade?


To: chester lee who wrote (363)9/14/1998 4:49:00 PM
From: Ken Pomaranski  Read Replies (1) | Respond to of 455
 
IN MY OPINION:

The shorts on some of these stocks crack me up. The 'smart money' was shorting near 40, when the chart screamed a big-time sell. Shorting in the teens, after the market has corrected 20%, (50%+ for most stocks) is suicide. But, be my guest!

There obviously was an engineered 'long squeeze' on this stock, coincident with the market fall. This happened in at least a couple dozen stocks.

What I've seen is that amateur shorters (just like longs) get in way, way too late.

Good luck!

kp