Hi, Roger.
Glad to see you here alive.
Absolutely no idea what AG will tell us next time. My estimates range from the "irrational exuberance", doing a killing again to indicating an ease. If the market is wild enough till, the first will happen.
There are some stocks I shorted on a paper basis, like KTEL recently as there are no stocks to lend. So the paper book is off as KTEL ate up the equity (sure, if GERN acted like that, the real book was half dead, but - it didn't). And I've learned a lot. The AMZN short doesn't fare well, either even it shed remarkable $7 in half an hour.
To make the thing worse, I covered most of my geron (it is off 50% of it high now) and shorted earthlink (ELNK), we don't need to discuss internut's fundamentals any more, it is a trading short. Lucky to get in bits above the days low at $52, but we'll see. It should return to the $42 base it build recently in the short run.
Was quite funny to watch the race between INKT and EBAY today, for a long time the prices were identical, so the have shown up heads-on heads on net gainers lists with the identical today's lows/highs.
C.
C. |