Call me what you will, and i never said shorters are 'bad', i just think they are wrong in this case. In the long run, perhaps you will have to buy back high, but let's face it, it will be before the stock hits $10.00 (if it ever does). I've read some stuff on Mudry, and i don't like much of it. That's my personal opinion, and he's been blasted before, many times.
In the current market frenzy, i think we are all novices, it's all unpredictable. And if you are still making money in this market, than my hat is off to you.
btw, for the record, i don't buy Jason's Cubitt's theory of people trying to drive the stock down to $1.00 to cover short positions or buy cheap paper. Unless Brad and company were selling at 2.00-3.00, i can't see why the stock has dropped 50%. Can you provide an explanation, other than the one given? chris. |
