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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Bob who wrote (7154)5/19/1999 11:28:00 AM
From: Rande Is  Read Replies (4) | Respond to of 57584
 
Yeah, volume nearing 100k so far. Shorts trying to take positions, but they keep having to raise their targets, as long-term investors keep buying up those prices. Thing that shorts haven't figured out yet is that the buying coming into BDE is not weak handed swing traders or daytraders as much as it is strong handed "collectors" . .that plan on sticking it in drawers and forgetting it.

In fact, I am thinking of taking a good portion of shares and calling in my certs to keep them from being borrowed by shorts. . . suggest EVERYONE that plans to hold a company long after the momentum runs, call for certificates or at minimum, have them removed from your margin account, so they cannot be borrowed against.

This discourages shorts, due to difficulty in locating shares, once they cover.

Rande Is