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

To: Roger A. Babb who wrote (15882)	12/1/1998 10:18:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 18691

No, Roger is that easy, I ride a short warrant position, which gives me the advantage of a bigger "leverage". Now, the warrant appearently closed at 16+ it is more a surrogate for the stock. You'll be sure I short the hell out of the warrant. i like my 18" short.. We should count the days until possible call. The warrant will drop as there will be no arbitrage possibility offered. You can't short BFLY anywhere now. So, the warrant will be pulled down to force people to surrender $5 to get the stock, which would be hard to sell then. C.