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

To: JOHN CHEN who wrote (16666)1/7/1999 12:53:00 PM
From: blast_investor  Read Replies (1) | Respond to of 18691
 
AMZN long, yes. AMZN short, not yet.

Roger, are you throwing your money away by shorting on AMZN?
The only way that AMZN peaks is that all the shorts stop shorting.
The current price is supported mostly by short squeezing.



To: JOHN CHEN who wrote (16666)1/7/1999 2:21:00 PM
From: James H. Williams  Respond to of 18691
 
How much does he lose if it drops to 60 and then he actually closes his short position?



To: JOHN CHEN who wrote (16666)1/7/1999 7:33:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
John, I am shorting more AMZN as it goes up, but not a huge amount relative to my total portfolio. Never bet the farm on one stock. AMZN is a total game now, we could see $500 or $10 or even both in 1999. Same goes for YHOO which I am not trading at the moment.


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