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To: CHRIS AMATO who wrote (3371)2/18/1999 2:05:00 PM
From: PistolPete  Respond to of 5300
 
For cryin' out loud...chill out

on this shorter business. Okay, so A@P got his folks to do some shorting here today (and, yes, you can short BB's, just not under $5 as far as I know) and they will be here, cover and move on before you know it. I bought more at what I thought was a good price today and if they hang out and drive it lower (I doubt it, but who knows what they're thinking) I'll do it again. The whole damn sector is a mess right now, so it does not take a rocket scientist to see that there are opportunities on the short side over the past week. The biggest mistake, IMO, would be trying to sell now to buy cheaper later; it is always possible, but few ever really pull it off. I'm glad I didn't sell all of my Amazon YZZNI and YZZNJ puts until a few minutes ago (although I sold most of them awhile back)...they expire tomorrow and are rocketing today :-)



To: CHRIS AMATO who wrote (3371)2/18/1999 2:07:00 PM
From: PistolPete  Read Replies (1) | Respond to of 5300
 
Chris, BTW

That was not directed at you, obviously, but the thread generally.