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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (4099)10/7/1998 2:34:00 PM
From: Yin XIE  Read Replies (1) | Respond to of 12623
 
Shorting a high flyer is not a good idea, look at AMZN.COM
even it goes to 300, I will not short it. I stopped playing
short, because this is much more risky than long.



To: put2rich who wrote (4099)10/7/1998 2:40:00 PM
From: Sam Citron  Read Replies (1) | Respond to of 12623
 
TD,

Yes, patience is not easy to practice when it runs like that. Perhaps shortsellers should be more patient in waiting for the stock to break down before shorting. I covered at 38 immediately before the sickening rise to 90. I shorted early and covered early. Tuition money.


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