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


To: Anthony@Pacific who wrote (15723)3/1/1999 11:49:00 AM
From: Jim Spitz  Read Replies (1) | Respond to of 122087
 
Anthony,

I am short OMGA with avg 9 9/16. I see no reason to panic now and cover. I am perfectly willing to wait for it to fall. This is a POS with an aggressive Dog and Pony show keeping it up. I had a feeling that this might happen because of the D&P show, but doubted I'd be able to get shares later since the calls were being made. I'll wait until earnings if I have to. These guys are going DOWN! I am running out of margin, but can always sell some other stock if needed. Hopefully I won't have to. If OMGA doesn't close above $13, I'm probably fine.
I don't think they will. Especially if some of you who have excellent access to shares recycle to keep the highs temporary.

Happy trading! I'm finally seeing one of my loser longs take off.
jimS