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Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?


To: vampire who wrote (6536)12/18/1998 6:19:00 PM
From: Hank  Read Replies (1) | Respond to of 7111
 
Did you ever hear the phrase "buy low, sell high"? The best time to buy any stock for a long term investment is when nobody seems to want it. RADAF sure fits that bill but it isn't any different than many other small caps right now. Therefore, your point is meaningless for a long term investor..



To: vampire who wrote (6536)12/18/1998 11:38:00 PM
From: swedelo  Read Replies (2) | Respond to of 7111
 
Mr Vampire,

If you are asking do I have any paper profits in RADAF the answer is no. If you are asking if I have any realized losses in RADAF the answer is also; no, because I am not a seller at these prices I am a buyer. Your inference that most shorts are making money is actually incorrect also. As of last month, for all shorts combined, they had been able to cover only 39% of their overall position to get to their profit/loss point. If they (you) can keep the stock manipulated below 16 until they reverse this percentage I will agree with you that most shorts have made money. But, until that time, the shorts are in the same boat as the 1 year or less longs, that being, their position is still mostly on paper and still succeptible to all market and business factors both external and internal. In other words, the poles haven't closed on this election yet, so don't claim victory lest you be tagged a Dewey!

Best Wishes,
Swedelo