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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: M. LaMancha who wrote (8953)2/4/1999 11:30:00 AM
From: TradeOfTheDay  Read Replies (1) | Respond to of 122087
 
La Mancha, I am convinced we could easily play PRFM as a rolling stock. You're right - the longs are fanatics.... and we have a guarantee of continuous PRs coming out. think it will be a good thing to short a new supply every couple of days. This is a perverse form of "buy the dip" - these are naive invstors, used to the safety of big cap stocks , where buy the dip works; they don't seem to realize , when you buy the dip on trash stocks, your dip gets lower... and lower.... and the spikes get lower - and lower...
They will learn eventually - but for right now, they are still fired up.