SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Shorting stocks: High fliers -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (653)3/5/1999 12:32:00 AM
From: Mark Marcellus  Respond to of 709
 
So you're left with the usual problem with internuts: you are looking at the company at such an early stage that the market cap is way too high based on their present meager revenues and their negative eps, but you can imagine scenarios where the market cap will be justified and then some

John, I couldn't have said it better. To go short on this I'll either have to be 100% certain it's going to fail (I'm currently at about 99%) or management will have to present me with an outstanding opportunity by pumping up the stock price. I do think they're working as hard as they can on the latter option.

I didn't know you were still boxed. That's not a terrible position to be in. Even if you don't get a chance to go short on the upside you'll be able to do it during the final death rattle while the rest of us might not.

FWIW,

Mark



To: Q. who wrote (653)3/5/1999 6:21:00 AM
From: RockyBalboa  Read Replies (1) | Respond to of 709
 
John,

re BFLY. I'm quite surprised that BFLY is still a theme at all. Ie.when I left my warrants short and finally BFLY settled lower near new years eve, I thought it is all said and done. Actually I had no grip of any reason for a pump, in contrast to earlier times when the warrants "had to be" called. Any stock-price linked intra company events outstanding?

(My expecience is that concentrated news releases and hefty stock price surges seem to have a purpose in terms of options exercise, warrants call or insider selling, if you consider SKYM, DBCC, RMII, or also BFLY earlier.)

If not, what is the reason?