Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: HiSpeed who wrote (16641)	1/7/1999 5:00:00 AM
From: Dale Baker	Respond to of 18691

Ditto here HiSpeed: CMGI, AOL, INKT, EBAY, SKYM, etc. All were great on the long side. And when they crash, CMGI will hit my stop and I will lose about 10% of what I had in it on that given day - or more if it gaps down far enough. But yesterday I made 25% IN ONE DAY, so losing some profits still leaves me well ahead. CMGI could easily hit 200 before it splits on the 11th (yes, I would take some more profits at that point). I had a PM today from someone who lost far more than he could afford shorting high flyers and wrecked his home life at the same time. A word to the wise for everyone in the current mania. To keep my short credentials, please note that I shorted FIBR at 15 5/8 on Wednesday. Closed at 13 3/8. Death spiral financing strikes again!