WDC, NAND, NVM, enterprise storage systems, etc. Message Board

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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 223.28

+3.8%

Nov 28 9:30 AM EST

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To: franklin1 who wrote (3249)	11/28/2017 4:19:09 PM
From: SiliconAlley	of 4833

If you believe that the stock is going to the $70.00 --what would be your reason for not shorting it.. Maybe you lack the conviction--i don't understand. Perhaps you misunderstand what I have said. Absent a long term supply agreement, the stock is going to $60, and will break to the $70's soon. I have sold 100% of my holdings, but will reenter under appropriate conditions. I do not short stocks, and have no reason to play the downside. Selling is part of controlling risk, and shorting is pretty much the opposite. A short has news risk and takeover risk, neither of which I care to be exposed to. The short answer to your "why" questions is that I do not short stocks. I invest in stocks, and shorting a stock is not investing. Is not part of my playbook.

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