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


To: Scott Bergquist who wrote (846)4/15/1999 5:14:00 PM
From: Tom Hua  Respond to of 1305
 
But you sell short as if you were a daytrader, then take a "long-term" view while holding a short position.

Scott, you were half right about my strategy. I sell short when I see good payoff potential for my long term hold, not as a daytrader.

Regards,

Tom



To: Scott Bergquist who wrote (846)4/15/1999 5:23:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 1305
 
How is being long in LPGLY protected by WCAP???

If you're looking at only today, then no there's no protection. Over a longer time frame, I think it's pretty good balanced play. LPGLY gave back half of its gains yesterday while WCAP regained only a quarter of yesterday's losses.

Regards,

Tom