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Interesting idea which I also thought about but seldom practiced. It would have been good idea to be short something before this taech turmoil, but now, most of the small cap that I follow, in technology, have corrected substancially. Your idea would have worked great with SIII and TRID as a couple, but now they are both down big time. MSFT maybe a good short now, but as Barrons mentioned, nobody who tackeled with his Billness lived not to regret it. As for CYBE, the 14 to 15 range, which used to be big resistance area before the last earnings and upgrades, has become a strong support. I would take a small position here and maybe buy more if it dips further or you may risk to miss the bought again. If it dips further than this support though, either the market is crazy or something bad is lurking under the surface that I don't know about and find hard to believe. By the way, do you know the approximate date of the upcoming earnings release for BORL? Ghassan. |
