Dale and Candle Stick,
Thanks for your help with the details. This really *does* look too easy. The next couple of days should tell the story. (I think I will wait until Monday to reenter this one: I may not be able to short above 20, but should get the lion's share of the subsequent move down.)
You guys certainly deserve the big payoff, after all this time and all this pain. Thanks for keeping this board alive and informative.
Dale, I currently have a large short position in Zitl, like you. I consider ZITL only slightly more viable than CDRD, in the long term. It is *still* a compelling short, even at $12. At various times during the past 6 months, I have taken small short positions and/or given serious thought to doing so in AOL, DELL, YHOO, and CIEN. I have no position in any of these companies, at present, although I suspect they will all decline (or, rather, continue to deline) substantially, and probably sooner, rather than later.
Good luck, once again.
RB |
