Well, I have heard too many long's arguments on how good a company 3COM is and how undervalued it is. However, my concern is really how good a stock is- forget about the company. A stock is good when it goes your way most of the time. So is COMS qualified as a good stock? It has been so predictable and consistent, yet it seems so unpredictable for those who strongly believe that it's turning around.
Many people have told us that COMS is "definitely" going to pop soon, just before it lost 20% of its value in less than 2 weeks. I thought that it would be, at least, funny to proclaim bravely that COMS is a short! What the hell! I can always disappear if my "prediction" goes wrong.
After carefully analyzing the time series of COMS, I have developed a prognostic model using the chaos theory. The model, including 10 non-linear equations and a random forcing, was able to successfully predict the decline of COMS in the past week. I, thus, come to a conclusion that COMS is a short at this time.
I noticed that someone in COMS group was able to explain the downfall of 3COM in terms of their technologies and products. I have, however, yet to hear a technical analysis (TA) of COMS that supports a short on COMS. Is this a real challenge of TA after all?
Enough said, let's short COMS! |
