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


To: CoffeePot who wrote (4347)10/20/1998 3:58:00 PM
From: Bob Trocchi  Read Replies (1) | Respond to of 18998
 
CP...

>>Any idea when you're going to cover?? <<

I hate to admit this but I have no idea. this is crazy as I have had a good yr. shorting, have had good discipline and covered when target was reached.

When I first shorted this one, It was at 48 and I targeted it for low 30's. UGH!!!

Will I ride it all the way back. Who knows. It really is a small position so I just will watch it every day. Heck all we need is about 5 more days like today.

I think I learned my lesson, stick to stocks you have a feel for and can understand. I have no feel for financial stocks.

Good Luck

Bob T.