Bill, are you the same Bill Wexler I know? Are you in a mental shock? LOL
JUST KIDDING :)
But,BILL, are you also against shorting AMZN? if not then why do you call it a mistake ??? Should AMZN keep running up ???
I for one have made a fortune on AMZN and Yahoo. I am talking hundreds of thousands of dollars profit from shorting your so called "MOMENTUM" STOCKS. I call them SCAM HIGH FLYERS with alot of LARD that satisfy my thirst when it is time to be fried :)
Oh, HOW I LOVE FRIED PORK :) LOL
YOU and I know that this stock is simply being manipulated by very short volume. I guess some want to see it get even fatter so that they can get more out of it in due time and bankers are lifting it up to prepare for the DUMP. DO YOU AGREE ???
Bill, momentum also involves not only price increases, but ,also, it involves VOLUME >>>> REAL VOLUME.
LOL
At least AMZN and yahoo, do have loyal buyers VOLUME. BRCM aint got it, Bill :)
May I remind you of few facts:
It is relatively thinly traded stock, over 170 P/E, one product in a competitive market, Louck up on 40 millions shares ( CURRENTLY ONLY 4 Million shares floating) ends in few weeks, when do you think those who made a 50% profit will take it and sell?? do you think they will wait for the lock up period to run out??
What momentum are you talking about?? Perhaps you mean the momentum to DUMP?? LOL
I am staying short and strong will short more on every 5% run up till I get what I want.
From AMZN, ktel, cmgi, sevl, cysp, cych, meck & Yahoo ( former momentum stocks), I got plenty of room :) |