Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (647)	4/11/1999 2:35:00 AM
From: Spaw	Read Replies (2) \| Respond to of 1305

TH: What I have a hard time understanding is why you don't wait for WCAP to start turning south before you short. Why would you short a stock in the midst of an ultra powerful rally, when you can get a clean entry on a faltering move up. You must have a lot of capital, or are just not concerned about clean trades on a technical basis. I too am fascinated by your position. --spaw--

To: Tom Hua who wrote (647)	4/11/1999 5:34:00 PM
From: JWA	Read Replies (1) \| Respond to of 1305

OK Tom, here is my opinion, since you asked. In the short term it is just a game. You mentioned Imon as one of your best shorts. Well I made a bundle trading the stock from 1 5/8 to 14.( About 30 buys and sells. Not a single one at a loss) Supposably one of the reasons for some of the huge increases on some days was short squeezes. The conundrum is that we both could be so successful at the same time. You and Anthony did a great job of getting a lot of inexperienced shorts on board, and then they got squeezed. Daytraders and shorts, like vultures, have in place in the grand scheme of things. We just need to be wary of not getting too full of ourselves. JWA