Craig,
I really don't understand these guys. I mean, DELL, YHOO!, AMZN...have to be among the worst shorts these guys can take. You can argue all you want about AMZN, but this issue will never break until the 'deep pocketed shorters' lose patience. To short DELL, you basically have to trade it on a daily basis and have to try to take a position near the top, which is not an easy task. It's really pathetic that those guys tried to fight against trend all these years. Maybe one of those super smart short seller of DELL can proudly claim that he has more than doubled his portfolio by shorting this 'pig' in the last 5 years, while simply longing this issue will give you a 8600% gain during the same period of time. To be stubborn and stick to one's foolish decision has to be as stupid as one can get.
Those guys should stick all their lives to really crappy issues and maybe get in and out of issues like ZITL as often as possible to catch up the performance of DELL, MSFT, AOL, YHOO!, CSCO...in the past years.
The bottom line is, unless you outperform S&P 500 index by 1500%-3000% on a yearly basis, you are really not a 'successful' investor, IMHO.
I am betting on DELL to double from its current level within the next 14 months.
good luck,
larry! |
