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surf1944

12/07/06 1:07 PM

#2396 RE: Hilander #2395

She is right about the shorts, every time you have a r/s in pennyland the short side says "money in the bank". Also in pennyland any given day 1/3 of the overall volume is short. I short stocks on the big board, but only when the overall market turns down and mainly short fund baskets(takes the risk out) Traders here don't understand their is a huge difference between naked shorts, funds shorting, hedge fund shorting and some retail guy testing the short waters. There is a short in UCOI(at least since the r/s) the test will be when they cover. If UCOI can't get out of its own way(no need to cover) So Myth of the shorts having to cover? They don't....I shorted a stock on the comp once that was delisted and went to nothing. Has stayed in my account for 4 years at zero(no taxes paid on profits)


surf

piranhas2

12/07/06 8:53 PM

#2406 RE: Hilander #2395

Hilander,

I hope you don't mind, but I forwarded your post to Unico...

By the way... I'm BAAAAAAACK!

tecch10000

12/07/06 10:12 PM

#2409 RE: Hilander #2395

Exactly.Quite a few smart,well informed gents around!
Cheers!

piranhas2

12/08/06 12:34 AM

#2419 RE: Hilander #2395

Hilander, forwarded this to IR... Great post.

The Piranha... aka Mike