SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: melinda abplanalp who wrote (1473)12/31/1998 1:05:00 AM
From: Rande Is  Respond to of 57584
 
Ever wonder what happened to the momentum in one of your stocks??

Well...I like to call them the DARK SIDE OF THE MARKET. . .but they are better known as short sellers. Borrowing shares to sell high, then covering by buying the shares lo and profiting the difference.

Thanks to Anthony's thread here on SI, I was able to scarf up his record for the past month. Not bad for the dark side.

Notice most start with SELL at the high, then buy comes in low. . . opposite of the "traditional" way to trade.. .but very effective for strong gains. Once a stock has skyrocketed north and the buying dries up, guess where it is headed?

Well here is the record, thanks to Anthony's thread:

Starting Nov30,1998

1.) Sell TCTV @ 25 -Buy @ 7 1/4
2.) Sell KTEL @ 17 3/8 - Buy @ 10 18
3.) Sell SRCM @ 18 - Buy @ 13 3/4
4.) Sell ICEB @ 5 - Buy @ 4 1/16
5.) Sell HEB @ 8&9 - Currently 6 1/16 going to zero
6.) Sell GLCCF @ 20+ - Buy @ 5 1/8
7.) Sell EGHT @ 14 - Buy @ 6 & 7
8.) Sell CFON @ 3 7/8 - Buy @ 3
9.) Sell MYSW @ 14 1/4 - Buy @ 12
10.)Sell TMSR @ 11 to 12 - Buy 9 1/4
11.)SEll NAVR @ 14 - Buy @ 10 1/16
12.)Sell CYOE @ 10 1/2 - Buy @ 6 5/8
13.)Sell GERN @ 18 + - Buy @ 11
14.)Sell ASTM @ 5 - Buy @ 3
15.)Sell RBOT @ 13 5/8 - Buy @ 11 1/8
16.)Sell AMEN @ 15 - Buy @ 11 1/4
17.)Sell GLXY @ 8 - Buy @ 5
18.)Sell KTEL again @ 12 1/2..currently 10 +, Not gonna cover
19.)Sell AVNT @ 14 1/2.... currently 14 5/8 (up today)
20.)Buy MLRE @ 9 1/2 - SELL @ 12 1/4
21.)Buy SPGLA @ 4 1/4 - SELL 8 1/4 ( took out all principle)
22.)Buy WDFC @ 29...currently 28 3/8
23.)Buy SHRP @ 14...traded to 17 after..current 13
24.)Sell IMAL @ 30 - Buy @ 18 5/8
25.)Sell IMAL again @ 20.....currently 16
26.)Sell SKYM @ 29 to 36 - Buy @ 38..(Looked higher) <160K>
27.)Sell SKYM @ 44.62..currently 27 3/4 (+759K)
28.)Sell AAGP @ 14 - Buy @ 9 5/8
29.)Sell AAGP @ 18 ...currently 11 3/4
30.)Sell INFO @ 5 1/2 - Buy @ 4 1/4
31.)Sell ZITL @ 5 1/2 - Buy @ 4 5/16
32.)Sell RMII @ 25 - Buy @ 18 1/4
33.)Sell ICSSA @ 7 1/2 - Buy @ 6 3/8
34.)Sell DLIA @ 20 - Buy @ 16
35.)Sell INFO @ 5 1/2 - Buy @ 4 1/2

Hope this helps some here to understand things more clearly.

Rande Is



To: melinda abplanalp who wrote (1473)12/31/1998 1:07:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Melinda, turn the lights out and lock up when you leave. . . K?

Nite all,

Rande Is