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


To: jlib who wrote (15505)2/28/1999 10:18:00 PM
From: Nathan G  Respond to of 122087
 
Re: OMGA

Thanks,Jimmy

OMGA should have been a broken stock like INDI and do the sell the news thing,but the selling volume was so low and that smelled like a trap,especially since I shorted low @8 which made me very uncomfortable.Covering @ 7 15/16 was a great relief.Also played the stock on WED with a limit SS @10 1/4.Promtly covered @ 9 5/8 the next day noticing short covering and still fishy behavior from MM or whoever was propping up the price.

So far I have been very lucky, but I will cautiously try to short tomorrow....I say open @ 11 1/2 then tank to 10,we'll see..
Hopefully no surprises. :-)

Happy Shorting,
Nate