Pierre-X, it is almost a certainty from your negative postings that you are short TDFX. In fact, it is rather easy to discern who is short and who is long here, and who is riding the fence. If you aren't short, you must be a disgruntled shareholder, holding from 35 or so. If that is the case and you are a shareholder, I applaud your tenacity. Perhaps you are simply cynical.
I submit that certain entities who shorted TDFX are about to experience something gut-wrenching known as a reversal, short squeeze, or whatever you'd like to call it tomorrow morning. They don't count on the explosive and violent nature of the movements that are possible in technology stocks, especially those that have small floats. And many of these short speculators, since they held their shares overnight, (many without a hedge in place) will get vaporized tomorrow.
There is nothing wrong with being short stocks. There is an interesting and true maxim however: Bulls make money, and bears make money; pigs however get slaughtered. Shorts don't normally go to zero.
I for one hope to be able to exit around $19 per share and break even. I wouldn't be surprised to find TDFX gap open at 18 and rise up to the low $20s (possibly ascending to 22 per share). High teens was a conservative estimate.
Most humbly,
it
PS: I could be terribly wrong, but I really don't think so. Don't try using the info from this post in making your investment decisions at home.
PPS: One last thought Pierre-X: I'd like for you to consider invoking the name of Our Lord Jesus Christ reverently. |
