SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 73.75+4.9%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: coachbobknight who wrote (9387)1/10/2000 12:43:00 AM
From: Jon Koplik  Read Replies (2) of 29987
 
Re : shorting GSTRF on (perceived) ridiculous spikes up in price.

If you read post # 0 for the big ("blabbermouth") Qualcomm thread (the one with over 61,000 posts now) -- you will see that post # 0 advocated selling short Qualcomm again and again when it had a "ridiculous spike."

Guess what ? That technique worked for at least a year or two, and then was the dumbest thing in the world someone could have done with Qualcomm.

The risk / reward for shorting GSTRF is similar, I think.

Shorts will get unbelievably nailed at some point, but ... it probably will still be a while ...

Jon.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext