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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX) -- Ignore unavailable to you. Want to Upgrade?

To: myturn who wrote (280)	10/20/1998 3:36:00 PM
From: xbrent	Read Replies (2) \| Respond to of 1286

I think that BB shorting is frequently done with little or no DD. Just short anything that spikes/gaps in a major way. I have done that with $5 and above NADAQ stocks and if you are not greedy you can make money most of the time. Once in a while the stock just rockets out of sight causing a major problem. FGRX rocketed beyond 3/4 when it took off the first time. I would assume that some of that was short covering. Although I have heard a discussion about major buying north of .50 in anticipation of the audit confirming the book value and/or wanting to buy into Boston National/Bontempi.