Dave, I'm pretty light on the shorting theories, so I guess I was fishing for the logic. Thanks for the response, and of course nothing we do is personal, just business. I was kind of stunned by Radica in particular, because the fundamentals are changing and all upwards. I can't short in any of my accounts at present, but I did buy puts for AOL, Yahoo and Amazon.offline. I bought them all for April and well out of the money. AMZN is darn close to being in the money already. Anyway, without sophisticated tools/techniques, these guys looked overvalued to levels I couldn't comprehend, even in a speculative runaway bull market. Looks like another week to watch my puts rise, if not soar!
Regards,
Mike |
