>> ... Besides, moves in high tech stocks
from 60~~40 are quite common. Normal volatility.<<
* I am glad to see you agree that NO STOCK IS INVINSIBLE, BRCM is no exception. It sure is NO GOD. I am shorting this for this $20 run down, bring it to reality, then ride it back up for the year 1999.
Don't that this is a smart strategy?? I am bringing it down to ride back up, thus making profits BOTH WAYS.
What I do not understand is do you insist on KEEPING IT HIGH if you are out of it already?
I guess you are out of it because you BELIEVE that it is "too pricy", then WHY don't you help me bring it down instead of touting its stringth and invinsibilty?? Don't you want to get back into it :)
I,too, will get long on it, but not before coming down, like RMBS did*
But, if it gets down to 40's or 30's, then gets back up to 60's and 70's I will not hesitate for one minute to take profits and even sell it short again.*
NEVER BEFRIEND OR FALL IN LOVE WITH A STOCK. IT COULD QUICKLY TURN ON YOU AND BECOME YOUR MOST DANGEROUS WORST-NIGHTMARE ENEMY.**
>>Fair enough. I have been biased to the short side lately as well. But there are many stocks
with "crazed valuations". You haven't told me why BRCM is the one you singled out. (Except
for the lock-up part which I don't buy into).<<
**CAN YOU NAME SOME MORE AS CRAZED IN VALUATION AS THIS NUTTY BRCM??
I MIGHT SHORT THEM TOO :)
WHO KNOWS, I MIGHT EVEN GIVE UP ON BRCM IF THEY PROVIDE BETTER ROI.
I AM TIRED OF CHEWING ON OLD BROKEN STOCKS LIKE ZITL et al. I WANT FRESH FAT SHORTS WITH ALOT OF MEATS ON IT.
I WILL ALWAYS NEED THE PROTIEN VALUE FOR BUILDING MORE MUSCLES :)
YOU SEE, I AM AN OPPORTUNIST TOO :) ** |
