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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (7435)3/29/1999 11:47:00 AM
From: RockyBalboa  Respond to of 18998
 
I see, and depending on the market conditions, it's is enough to put the glass away when it's half empty/full.

I'm weird. I think of buying nete, as it "bottomed out" at 11. But that is because I bought spde some days ago at 1 1/16 (when someone threw in zillion of shares at $1... but sold way early, though at a gain.

C.

Meanwhile, ICCAC (ICCSA) is still at 10.25.



To: Mama Bear who wrote (7435)3/29/1999 12:02:00 PM
From: David Penfield  Respond to of 18998
 
Barb -

I'm beginning to learn not to "milk the last ticks out of a short sale." I tried to milk SRCM last fall and lost all my profits and then some. OUCH!

Also, with my broker (Discover) the margin requirement is the same ($5/share) for shorts up to about $12. So it frees up a lot of margin when I cover low shorts. I am even thinking of covering ZITL and then hope for a run up like the rest of you.

Now if CYOE would just get low enough so I could worry about milking the last ticks....

David