I agree. Except some internet stocks look to good to believe. It's just that I wouldn't want to bet against a Dell,Fdex,Citybank or P&G.
No, I wasn't thinking of stuff like that.. more along the lines of what they discuss in Roger Babb's, Bill Wexler's or Auric's boards. ZITL, GERN, CCSI, etc. I do admit these things look very very tempting due to valuation, but I'd rather short frauds, losers and poor business performers.
EBAY is the most tempting of the group though, if it traded options I'd MAYBE buy a large amount of deep out of the money puts to hedge the rest of my portfolio, but definitely would not short it outright.
Watch out when the split is announced though, ever seen a $300 stock jump 100 pts in a day?
say, what exactly do you mean when you say hedging? It sounds more like you're just in and out very very quickly.
James. |
