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Non-Tech : SATH - Shop At Home -- Ignore unavailable to you. Want to Upgrade?


To: Rajiv who wrote (1171)2/22/1999 5:27:00 PM
From: PistolPete  Read Replies (1) | Respond to of 1329
 
FWIW...re Anthony

A@P reiterated his call to cover SATH at $13 today, this time with exclamation points.

You have to figure there are some who will hang in there beyond A@P's advice, which would be pretty stupid if they followed him into the play in the first place. Anthony has a pretty impressive track record, from what I can see, and his advice is usually pretty well reasoned. Some of his followers asked him questions today which included (I kid you not, this is for real) "what does NMS" stand for??" Now, I don't know about you, but I figure if somebody needs to ask that question, they should think twice about going long a stock, let alone going SHORT!! Another one, a college kid, plopped his entire $6,000 fortune PLUS $2000 margin into a short play and was, understandably, stressed a bit about what would happen to him next. Why on earth would a young, inexperienced trader want to START on the short side? God, at least think about finding a stock with options and buying puts or something instead...

Takes all kinds, I guess.