<<< Ummm lets see PRU @ 7 1/2 out @ 9 in a week, PSFD @ 12 5/8's now 11 1/4 in 2 days. Or maybe your talking about ZONA in at 24 now 19 1/2 or the Puts that expire in the year 2000 on CMB & BT. Or maybe EK puts 55 @ 1 1/8 now 1 1/2 >>>
Nowhere did I say that you didn't have any successfull trades. I'm sure you do. We all have winners and losers. I just think it's rude of the people on this thread to imply that any or all of the people who are buying YHOO at these levels are "less sophisitcated", "stupid", "ignorant", and "uneducated". I realize that not all of these phrases can be attributed to you, but they have all been used on this thread to describe people long YHOO, AOL, AMZN, etc.
All I am saying is I don't think people who have been shorting YHOO, AOL, AMZN, etc and losing their shirts have any right to claim that they are "smarter" engineers or professors or whatever and at the same time call people who are making money ignorant and stupid.
My view is the same irregardless of my position on YHOO or anything else. I would feel the same way if I was losing big on a short as well. I would keep my mouth shut and not insult people because I was frustrated about my position.
And that is exactly what has happened. Some on this thread have made it quite clear that anyone who buys a YHOO at these high prices is a fool, ignorant, uneducated, etc. That's just plain bigoted and pompous.
Well those "fools" are up 5 points on YHOO right now... |