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Technology Stocks : SFLK -- Ignore unavailable to you. Want to Upgrade?


To: Lucky who wrote (301)2/1/1999 1:13:00 PM
From: Eric Fader  Read Replies (2) | Respond to of 1591
 
Why would you do THAT? It looks to me like a new flood of buying could happen at any moment. For a stock to have had a run like this one's had, and to be sitting comfortably and quietly 200% higher than where it was last week, indicates to me that it's simply basing and that the major trend ought to resume eventually. Plus, the company has itself said that there will be a release out this week, which promises to be pretty splashy. If you did sell SFLK short, you'd have to either be a sophisticated enough investor to have an account that allows you to short OTC-BBs, or a MM (unless you're Canadian), either of which would be inconsistent with a reckless decision like shorting a moonshot in mid-flight. C'mon, you didn't really do that, did you?