err umm.. I dont know what you two are talking about, so ill try to avoid steppig into sh** here but I NEVER shorted KTEL, and have made a killing trading it on the long side. The best part is, I invest in KTEL 100% because of the short position..
Hell- who will argue that KTEL is worth 10-20, $30? its worth nothing.. zilch in my opinion but the stock is simply a trade. Volume, hype, vapor, you name it- but fact is, a LOT of money moves in and out all day thus creating a play.
Ayhow.. I really have NO idea what it takes to make a stock go up.. A good percentage of the time, NOBODY does.. but I cut my losses, try to run my gains, and also realize that when too many people are on one side- things can tip.. and tip they have for me about err 10 times for KTEL this year, and only once did I get caught in a selloff. Even after todays news, BOTH times mind you- once when it was released on this thread and again when it hit the wires I was able to go in and ride KTEL up, disrupting my normal trading by about 1-2 minutes for fantastic returns.
KTEL is over for now.. I said it before, but was drawn back today by the volume- jump, fall, etc etc.. Too many other games out, I cant see KTEL getting very much juice over the next few months.
as usual- good luck, whatever your strategy.. Craig C., I imagin you now have a huge short position! Congrats and as usual ill be following you to mooch whatever I can |
