SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 126.56-0.5%3:54 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Patterson who wrote (27201)1/9/1998 9:55:00 AM
From: Francois H. Gaston  Read Replies (1) of 176387
 
I got a Federal call this AM (!)... because of all my Dell shorts and other irrational activities. I will have to partially cover my Dell position (snif snif snif)... unless DELL drops more! today!.
If some of you are waiting for a short squeeze: good luck... but what starts a short squeeze is heavy buying from somebody who still has some margin and cash. If you guys long have diminishing cash and margin: how will Dell escape a fall... which could lead to some panic selling? Than I will cover and fainally buy some Dell.
After this episode, I hope that some of you will see that it does not help to believe in a product and a company, because the price of a Dell share is the same as 6 months ago... when the market is deteriorating. I don't understand long positions in an expensive risky stock. Why not playing shorts and long, alternatively?. Try it. Hlaf the time you are out of the market and sleep very well. Not like I don't sleep well otherwise.
Longs: keep some money on the side for short term trading. What is wrong with that! Especially in this volatile environment.
What still drives me crazy is that CNBC and others are "worried" about the declining market, and so forth: why don't they advertise the ways to make money by shorting stocks?... I guess I know: CEOs would walk away from their show, like Mr. Job did.
Good Luck. We all need some.
Gaston
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext