Beeblebrox*:
> To XLNX longs...someone who can read between the lines....
Well, I am not a rocket scientist, but all I can see is a negative spin placed on an outstanding earnings report by someone who is short - that understandably - wants to convince the world that XLNX is a bad investment and one must sell. This is exactly similar to the manner that us bulls try to convince the whole world that XLNX is a great investment!
Now the question is who is more convincing, someone like me who is long and has a significant number of shares in this company purchased at $43, $38, $32, $30, or someone who has shorted the stock at around $39, $35, $32 and $30!!
In the short term XLNX may drop, who knows?! The trick is if you are long you can hold on to your shares (of course if not on margin), because this company is solid and eventually it will go much much higher from where it is now. However if your are short all you have is a hope that the stock would fall below what you sold it at so you can cover and profit. And if it goes up dramatically then all you are left with would be your shirt (depending of course how much you shorted)!
Regards,
Addi Jamshidi |
