Paul,
I do feel sorry for the people who lost money on this thing. Hell, I feel bad when anyone looses money, long, short or other wise. The point that I have seen in the past couple of days is the shorters "bashing" with some kind of facts, which might be at least a little true; and then I see the traders "pumping" this with more emotion, using CNBC as their backup. It just goes to show how much emotion is in the stock market right now! I can name a number of stocks that I watch and nod my head in astonishment, mostly IPO's and internet. But that's the nature of the beast, you cannot beat the Market! I would still advise anyone not to short this! I know your thinking with your head, but scratch you wallet before you you think about shorting. Many people heard this is a remote access network, that can be used anywhere! Tech stocks are too hot!
Just My Humble Opinion,
Hawk |
