Yeah, you're right, there always are dead dogs around, though usually one has never heard of them and has to scout them out. All the better actually, since that means they certainly aren't the dreaded high flyers. Most stocks on the bulletin boards are scams or crazy schemes, as well as a lot on the Nasdaq small cap. Problem is that a lot of those stocks are less than 5 bucks and anyway tough to get shares to short. I agree with you about MU being a total loser. Unfortunately I know from experience that MU doesn't behave rationally and may or may not go down from here, though by all earnings rationality it definitely should. I think coms and probably also asnd are dogs also, though supposedly someone thinks asnd is worth 40 bucks a share and will buy them out, according to the rumor. Also, I noticed the only reds I see right now are scmm and lhsg, both down really big time. Damn, I mentioned scmm on this thread a couple of weeks ago, but I missed shorting it. Looks like someone released the air out of that hot air balloon.
It just occurred to me that maybe the reason that the talk from january about shorting the dell's yhoo's etc is no more is because those doing the talking have financially expired. I tried to warn those guys that intelligent shorters like Roger, when they see a tsunami coming, get the hell out of the way. |
