I remember that momo in SAFT during the Clinton admin , and the huge gun~safety legislation debates going on then ....and all the momos<g>
(was it SAFT then for safety lock ?)
they sure get down to the details and timings of trades don;t they ? He certainly didn;t look as though he was manipulating the stock but shorting out of a pure and simple clear motive of a stock runnning beyond its valuations on hype...he gathered from his on DD and calling the company , and made his own quick analysis following after . How many analysts do the same thing day in and day out , one week into the next ?
There's going to be alot of invalid and disproportionate squeeze events like IDSA MAMA and VAPH that will arise in the coming months , and those will be huge plays for those that read them correctly and short the hype-runs on F/A .
a $100mil market cap for a antifungal foot-cream company ? With lousy sales and huge compettion everywhere ?
pluuuuheeez!
PS: And MAMA would have netted a 100% gain on a short from that first day's spike to $16 . See Jerry was ignoring the noise and going long only again , and missing the huge % drop later . Does he ever look at the fundies ever between chomping down pizza and diet shnapple ?
what a way to trade.
Know how to make God laugh? Tell Her your plans ....