Bernard... ref: BRCM
I am very impressed with your knowledgeable and educated post.
I am more convinced that BRCM will one of my best shorts next to KTEL, AMZN,CYCH, CYSP & RMBS.
RMBS also had a unique technology, but look where it is now :)
KTEL still has 1.8 Millions shares floating too, where is it now :)
BRCM will see new year low's too, soon, very soon. And, remember, most rewarding shorts take some times, if you can hold on. So, why miss it and kick myself to death later ????
Actually, my target is in the low 50's to 40's then cover and reshort at bounces. I am fully invested, so I have no worries about Margin calls. I only wish they bring up to mid 70's, before dumping the 40 million shares within few more weeks, so that I can short few more thousands.
However, I think these PUMPING spikes on very low volume is an indication for the imminence of DUMPING. I Think the upside potential here is very limited in $value and timing. I do not want to miss it like the last time in August, so I initiated shorting at these levels.
IMO, we are about to see the last of such a high valuation ( which COULD BE as early as this week)
I am also short on CMGI, YBTVA, and looking to short some more broadcasting and biotech high flyers.
I think we will get a rally on Monday as people will foolishly think that Clinton's problems are over. I will be there to take profits for them. :)
I like your logic and DD, do you have any good short ideas, please post'em.
Thanx again for the response |
