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


To: JBINWC who wrote (17072)1/18/1999 3:14:00 AM
From: SkyDart  Respond to of 18691
 
<<Smartest way to short IFLY. << and Lots cheaper than PUTS

BTY I am long on warrants .

Charts predict a rise in BAMM and MALL. I believe IFLY will also rise.

But if I were to short, I would play it smart.

I would short IFLY and go long on the warrants as a hedge. I would short 1/2 of the # of shares of stock that I was long in the warrants. That way, you would make a nice profit if IFLY tanked and also would not lose if IFLY went to 20.

BTW One of the most common mistakes made by ALL traders [me included] is to become bullish when a stock has recently appreciated and bearish when a stock has recently declined.

Judging by the way MALL fell from 60's to 37 and IFLY fell from 16 to 7 3/4 and AMZN from 190 to 140, what now would be the likeliest mistake?

JMHO

Dart