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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: waverider who wrote (3778)10/6/1998 9:11:00 AM
From: Thean  Read Replies (2) | Respond to of 14427
 
D - with a strong opening expected, I would be looking to short KRB at around 18 1/2 - 19. However, I want to see how high it can go first as KRB has a history of going to extremes intraday. If it breaks 19, then $21 is the near term high and I will have no hesitation shorting it there.

I generally choose to short stocks below $20 because of the option liquidity factor. For a stock like GIFI, you are almost guaranteed to play against yourself. There is no chance you will get filled in between the spread.

I think QWST will get some lawsuits pretty soon. They are involved in spamming - switching people long distance service to them without consent. I was switched to QWST without my knowledge two weeks ago and I got a letter welcoming to me QWST. At first I thought that must be a gimmick, but ATT called last night wanted me back. I was mad and when I'm mad I want to make them pay. Therefore I'm now looking to short them just like DELL.