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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (15523)11/16/1998 9:37:00 PM
From: Ploni  Read Replies (1) | Respond to of 18691
 
CDRD won yet another big investment today. It's amazing how much money they've managed to raise. The stock is moving back towards its high point.

I remain skeptical that the technology will work, or ever make a dime, but I guess there's nothing keeping the stock from going over 100, like AMZN. Maybe someday I'll risk another short of the stock; I made money on it last time.



To: RockyBalboa who wrote (15523)11/17/1998 1:11:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 18691
 
For the record, this was a tiny trade, only 200 shares short at 8 which I supposedly covered at $6.50. But I am glad to see the outrage it provoked on several threads.

They could have at least let me keep the long side from $6.50. My first reaction was great, that's five points up on the long side instead of 1 1/2 on the short side. But they wiped all the orders clean.

Lesson is, don't trade volatile stocks on E*Trade.