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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?


To: Rajiv who wrote (451)5/28/1999 11:07:00 PM
From: Mike M  Respond to of 2514
 
You were comfortable being long when the stock was in the 80s ?

Pretty silly comment fella, considering I had a cost basis of 10...
and my trading position has been exercised in the 70's and 80's so that the cost basis is really a negative number. My trading position is loaded up again, however, and I am far more comfortable than I think you should be. Sure, I could give back a little of what I have already gained, but nothing like what can happen to a short.

Look, if you are a big boy with deep pockets, fine...have at it. But, in the interest of the less experienced, who might think that you really know something, try to avoid encouraging people to do something so foolish as to short an unknown. Only time will tell if they can truly execute the plan, but much danger lies between now and that point.