Thanks, TA
OK, so it takes me a while to completely admit a mistake!! And now that I'm back from my fabulous & exciting vacation (with a four-month-old--that was the exciting part!!), I've managed to sever the rest of my emotional ties with DDIM shorting. In other words, I'm thinking of covering my final short bit & going long with it. I hate to do it at this juncture, but hey... why wait 'till 40?
I guess I might as well throw in the final towel now, since I truely believe it's going to hit 40. That will put me 100% long, and I'll have to recalculate my evil scheme. Last time, I think I needed 43 to break even; if I cover my final short now, it should be less.
To all fellow fundamentalist investors out there: reading your remarks concerning earnings is very interesting; thanks for your efforts. However, it would be enlightening to have you also discuss your thoughts as to stock _movement_. I am in the camp of believing DDIM to be overvalued, with revenue & profit growth that can't be sustained. And I think it's going to collapse eventually. Yet I can't help noticing that in the meantime the stock keeps going up, and up, and up! So why do you think it keeps doing that, and how are you going to know when is a proper time to short it?
And any clues as to why Fidelity and some others keep signing on as DDIM longs?
-- Pete |
