lee, you are correct, too.
I like trading shorts for now, but at least there must be something in the co.s to be selected for shorting it.
-I never ever shorted Intel, Dell, or MSFT.
-my first short trade this year was JP morgan at 142. This was no trade, but based on my opinion that banks are dogs (And I work in banking business since 1989).
-A good trading short, ie, just when the stock is being bought up by double or better triple digit perc. on hype relies more or less on that the stock is fundamentally bad. Too often, that coincides...
-As pointed out earlier, Yahoo isn't just deterioring. It grows, still, at least we all believe it grows. That is not a good time to short it.
I didn't believe it myself for a long time that something just has got that expensive. I was amazed and blended by the big numbers, too, but just do an imaginary 1:10 stock split.
-At best, sooner forward equity dilution.
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C. |
