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


To: space cadet who wrote (15580)11/18/1998 2:46:00 PM
From: RockyBalboa  Read Replies (2) | Respond to of 18691
 
INFO a very overpriced pile of paper shot to 10 but lost 65% in 4 trading days. It was no so difficult to time. GWRX was pulled to 7 and then to 6.5 but let out and pummeled to 3.5 in just 2 days.

Geron pulled ahead to 24. Thanks to a nice gap you couldn't misjugde the initial sales. Now it's at 11. Within 5 days it went back to 13.

What do you say? A 50% gain or more from the tops is a viable short. It means that yhoo or amzn went 80ish.
The people in this thread managed to do it.

C.