I thought SUN was a little stretched, but if you are considering shorting I am definitely adding to my position.
ROFL! I'm considering going short SUNW. Not only would it be financially rewarding, but I would get the added enjoyment of bothering you folks. But I will probably instead just add to my long position in WTSLA that I've been building over the past few days.
Please let us know when you take a "real" position (not imaginary short via hypothetical puts).
My PUTS were "real", unfortunately. I wished they had been hypothetical.
Also, after being so wrong about this stock (the stock has gone up 150% since you appeared on the thread and "shorted" SUN last Oct/Nov), I find it amusing that you give the same lame reasons for SUN being overvalued as in the past.
Well according to you guys I wasn't short sunw, so I guess I didn't lose any money shorting sunw. As for my reasons, they were valid reasons last year and they are even more valid this year.
What I find more amusing is that Charles cared enough to respond to those issues.
Charles is pretty sharp. I suspect he is worried about the issues I raised, but he pretends not to be worried, so as not to alarm the masses.
BTW I bought some Nov 80 puts on Monday, not because I am bearish on SUN but because I have way too much exposure in SUNW and I like having insurance in case the market tanks.
I suspect you will do well with those puts. Your timing was very good.
A lot of investors value the views of the MSDW analyst, Kraemer, who increased his estimates and price target for SUNW
Be wary of those analyst upgrades or rising price targets. I would call the sell-side analysts a con game, but that would be too dignified. |
