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

To: RockyBalboa who wrote (25444)3/30/1999 1:21:00 PM
From: Instock  Respond to of 122087
 
Covered my PLMD Short Sell, but thinking of Shorting again. The interday rebound ( only 1/4 ) was smaller then I thought it would be.

I am thinking that most of those who were Shorting PLMD , covered their postion, and probably to early. With those Short Sellers out now, less potiential for buying coming in.

Still alot of Gap to be filled, 6 1/16 to 7 9/16. If even half that Gap gets filled, a Short Sell would take the stock from current 7 3/4 to apx. 6 3/4. Not a bad Short Sell gain...

Instock



To: RockyBalboa who wrote (25444)3/30/1999 1:41:00 PM
From: Don Westermeyer  Read Replies (2) | Respond to of 122087
 
I bought some CTEN today also. If you believe in the chart downside from $9 should be quite limited (knock on wood). Even lowly PGNS is having a good bounce now.

The sector CTEN is in is not a favorite in today's market, but it seems like today's stock price action is a little drastic.

Disclaimer I also own some shares of CTEN from about $14 :( so I may be biased.


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