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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (2393)1/25/1999 5:55:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
RE: WCTI. . EBAY is reported to have fraudulant dealings [by CNBC after the bell]. Likewise, with the increasingly high number of stocks being halted by the SEC, I will risk a 50 dollar short on a non-reporting OTC going to 400 for the chance that it will go to .005. The upside risk is greatly limited from here. . .but the downside potential is phenomenal.

Rande Is

PS> For the record I don't short. . . but when I see this board filling up with talk about an OTC selling for the same as Disney, then I am incented to call my broker and figure out a way to start playing short. The more talk about OTCs going UP, the better chance they have of going down.

PSS>Also for the record, I don't spar.

PSSS> Further discussion of WCTI should be directed to the FISHING thread.