OFF TOPIC
Michael, that was a very gentlemanly post. Thank you.
I can truthfully say that I have enjoyed pretty good success shorting these last 3 years, although, Amazon did help me hone my technique a bit - lol.
Shorting has provided most of my trading profits - better than longs as I can't buy into the Momentum thing. Pretty much the only longs I do are ones mentioned on this thread. By the way, who do I see to be compensated for my losses?
I do see that shorting is a completely different topic from 'Value' Investing. You guys should capitalize the latter phrase or put a trademark symbol after it. To this thread, the term means something quite specific, at variance with general usage.
It is different, because a good short is not just a bad Value Investment. It will have many other characteristics before being a good short investment.
On the topic of shorts being limited to a 100% ROI, that is certainly true. However, the % of successful investments is much higher when shorting, at least for me. What Anthony@Pacific has taught me is how prevalent outright frauds are in the securities markets, (NTOP not being one of those as he so accused, in my opinion). A few that are in play currently are COII, CYBR, ZERO and ENC.
In any case, shorting is a seperate topic from Value Investing.
I very much appreciate the civilized tone that has survived here on this thread, not to mention the intelligence, open-mindedness, and humility.
Peter |
