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 : Power Technologies, Inc. (PWTC - 3.75) -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (224)	5/21/1999 1:09:00 PM
From: A Special One	Read Replies (1) \| Respond to of 366

Short-sell? You're crazy. How can you short-sell PWTC when the company has so much future potential? Granted, a bunch of alcoholics tried to get this stock ahead of itself, but this company is in its infancy. It has so much to look forward to. I'll generally short a stock when a company is in financial trouble. However, shorting a junior such as PWTC, given the products on hand, is a very big gamble. If you choose to do so, good luck, but I think you'll regret it.

To: Francois Goelo who wrote (224)	5/21/1999 2:09:00 PM
From: Don Pueblo	Respond to of 366

LOL! Well behaved! I'm saving that one! <ggg> Let me elaborate briefly. I'm a day trader. All day traders short stocks. On very rare occasions, perhaps once a month or less, I will hold a short position overnight. I have never in my life held a short position for more than 36 hours. Never. Some people have the idea that shorting a stock is "evil". The truth is that if shorting were not possible, these markets would not exist. The "orderly markets" you see would not exist. That's the truth. Auric, for example, has a specific job that he does for his clients. If he were not good at what he does, he wouldn't have the job he has. It's a job. It's part of the "orderly market". That's it, that's the end of the story. I don't short a stock for 15 minutes because I hate the company or I hate the shareholders or I hate anything. I short a stock because it's going down and I will make money. 15 minutes later, I could be long the same stock. At 9:35 this morning, I was long HLTH. 15 minutes later, I was short the same stock. Love, hate, fear, greed, none of that has anything to do with it. That's emotion, I don't do emotion, I do business. To answer your question, I short based on Technical Analysis. Same as when I go long. Good luck in your investments, Francois.