Low enough, I guarantee you - only have 400 shares - not playing large on this high-beta stock. What price did you short JNPR at? Are you under water yet or did you short in the high 160's - low 170's. I have no agenda - just looking at the stock price action - pretty strong in here, don't you think? Rather astonishing with the interest-rate hawks rearing their ugly head, Naz relatively weak, August doldrums, etc., etc. Therefore, JNPR is relatively strong in here. Something's up - I'm not smart enough to know and neither is anyone else on this thread or the jokesters on the YHOO thread, where I lurk and find rather amusing. If JNPR goes down from here, so be it - I'll make a profit on this lousy 400 share trade. However,the stock price action, regardless of all the B.S. concerning vaporware from other companies, high valuations, companies like UBID to compare to, leads me to believe the tape tells the story and over then next 6-8 weeks, the shorts are going to feel a lot of pain. After that, it's anybody's guess. This is just my opinion - my gut feeling - my viewpoint of the tape. You chose your position - I wish you luck - I chose my long position - I'm already in the green. Like a roulette wheel - we'll just see. I've been wrong before.
jmanvegas |
