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.

Technology Stocks : Exodus Communications, Inc. (EXDS) -- Ignore unavailable to you. Want to Upgrade?

To: MrGardener who wrote (375)	4/19/1999 8:52:00 AM
From: Jay8088	Respond to of 3664

I think shorting net stocks are very dangerous. In case you haven't read my profile, I lost close to 90% of my net worth shorting AMZN last fall. There are many reasons why this is so. One of them being that there are very few shares float. That makes it easy to manipulate price point and easy to run a short squeeze. Another one is just a technical picture. No matter what one's opinion is, you just don't short a stock that has the powerful chart like most net stocks have. Leave that to pro with deeep pocket - and even they may go belly up from short squeeze! So my recommendation is not to short any net stocks - even scam ones, and certainly not ABOV which is a rapidly growing business with a super potential.