Rarebird: Rarebird: I think it's healthy for bears to be mixed among bulls!
Difference in opinion arouses debate, research, cerebral activity, fear, confidence, greed, common sense, craziness, and possibly an erection.
It seems to me that with more then 10,000 stocks in the U.S. markets and perhaps ten's of thousands of stocks world wide that you and your flock become zealot's on the short side with a company selling at about 13 times earnings, or a company selling at less then half of fair value. So then my question becomes is Cube the best short you can find as Cube rest, and builds it's base near a 52 week low?
It's my feeling that most here at this thread understand the volatility regarding the fluctuation's in the tech sector and are betting on longer term benefits derived from sound product potential and lessons history has demonstrated going back as far as the days of Edison and his silly machine that played sound. There were short minded people in that day as well, but the shorts ended up just a tad short, their eggs never hatched!
It seems to me that the sensible bears, or birds would look to short stocks with a higher PEG number, or that is the relationship between the PE and expected growth rate over the next several years. If you are a contrarian as you say, then you should look to stocks with little short interest, or cash could become your devil. Manipulation, that is profit-seeking individuals with large amounts of cash at their disposal can look on a large short position in a stock as an invitation to start buying, driving up the share prices, thus forcing the short-sellers to cover.
I see your proclamation to short Cube near it's 52 week low as being idiotic, and dangerous.
Good luck c-ya! |