Guess you lucked out, Bob D.
Geez, saved by Brazil!
Don't know if you ended up a GNET shareholder, but I hope so. Let me ask you a question, though. If you had bought at say, $29 last fall, would you have *sold* at $118?
If you would have, then I guess you could make an argument for shorting this 'Little Engine that Could' at $118, although I find it dicey, not to mention vaguely 'un-American' (ha!). This past week's correction only marks what, the second time in nine months anyone has been able to make money shorting the Net? And if you're wrong, convictions notwithstanding, your downside is unlimited. That's why, it's said, shorting's for "broken" companies only.
You'll be interested to know that I believe *all* of the hype. I just limit my interest to leaders, of which I find GNET an emerging example. GNET has so many toys I can't even keep up with them.
Don't see a bubble here, just enthusiasm. These firms are changing the face of America. Even better, it's pretty easy to pick winners, and a lot of money can be made along the way.
BAM
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