SI
SI
discoversearch

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.
Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: 1-DAY-TRADER who wrote (834)5/5/1999 6:34:00 PM
From: Joseph F. Hubel  Respond to of 10027
 
Hello friend,

I never met a fellow who found so much enjoyment in his shorts. They must be special. During todays run up, I hope you were able to protect yourself and avoid a painful squeeze. Just in case, may I recommend a good athletic store?

No kidding aside, you should realize that it is much more dangerous for non day trading investors to short a stock. Let's face it, if you can't be there to watch it, a short has infinite loss potential and stocks go up more than they go down. (10-12% a year for the last umteen years).

Now 1 Day, since it is obvious to me that you are an insightful investor, I wish you had told me the stock would swing 28 points and end up at 16 1/2. I would have bought more to get the price up higher for your short. Let's have a little cooperation here.

JFH