About doing value plays on short side here. As moderator I say eeech.
On the one hand, short selling goes against Graham and Buffett, and imo, the spirit of this thread. My personal belief - stated here several times - gg- is that for most people the idea sounds right... something is undervalued, ergo buy it; something owned becomes overvalued, ergo sell it. Something is found that is fundamentally overvalued (not owned)same conclusion: sell it by shorting it. Short-selling an overvalued stock being just the reverse (or converse or something) of buying undervalued. It is not. Short-selling - the skills required/emotional requirements, etc. - are quite different from value investing. My analogy is like walking backwards. Walking backwards should be the reverse of regular walking. Seems easy enough, but it is not.
From my reading and my experience, short selling - although it might seem appealing - should best be left to professionals.
OTOH, that's MY opinion. Others here will differ. (I only guess; I don't know, never having surveyed the readers.) I suspect that since people are here mostly/sometimes to get ideas to make money, if they could get short-sell ideas that they like, they'd say the heck with my opinion/prejudices against short-selling.
I say go ahead and post your ideas/suggestions. This is not a busy thread, and there's room for your opinions. You might make somebody happy.
(Post your important growth-at-a-reasonable price ideas too. We occasionally see this type on the thread. As moderator I ask that you identify these somehow as GARP stocks or "not a value stock"; otherwise people may jump off their chairs when they read the post -- misinterpreting your stock as a value pick, and posting back telling you that they don't see it in any way as value stock.) |
