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Alias Born 07/07/2002

Re: tantal post# 103

Sunday, 07/07/2002 1:51:38 PM

Sunday, July 07, 2002 1:51:38 PM

Post# of 704041
Tnakd for the complimnts, as for ALD, like AGM, it is the subject of a major short attack, and while it seems cheap relative to "book", book contains a lot of companies they have invested in for which there is no public market, so the shorters, rightfully, may have a point that some of that "book" is fluff. Because it is difficult to analyze ALD, I am not playing it. I may even get out AGM from the core because of the extremely heavy ahort attack. Short attacks are good to create volatility, but stocks with a heacy short position, more often than not get beaten down hard. I am not in AGM right now, and until the short position declines to no more than 10% of the float, I will use AGM only as a trading vehicle to try and catch the short covering rallies.

Zeev


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