Big deal, there is a time to short and a time to go long on any internet hype company.
<<<I dont think he thought DBCC was going to be halted and he shorted the hell out of that one
I was in DBCC from 10,11, and 8 (and in the options at the time) and sold out in the $30s... and I bought puts at $35...
I played both sides, made 3x my portfolio on one stock, and I dont go on threads saying Im the stock messiah .
I posted DD on the stock when it was in the mid teens and contiued posting when it was in the $20s regarding possible exit points.. but after I sold, I didnt have to stick around the thread for 2 weeks posting how Im the greatest trader in the world...
I also dont go to the next thread Im going long on and say "hey look at my performance on DBCC!! I ROCK!" & I dont have my minions come along with me saying "You must do what Mark does, his track performance speaks for itself, you must assimilate". So why do you do that for Anthony? That is what Im curious about.. since his record "speaks for itself" why do you have to tout it so often.
You can make money both short and long on any issue, especially these internet "event driven" stocks.. I dont think most people here are saying this is the next AMZN, I think they are just saying its silly to short something in face of potential mutiple PR's and possible CNBC mentions... why not short it after the press releases?
The funny thing is, if PRFM goes to $40 by some crazy happening, I am sure Anthony will say
"shorted at 13, covered at 16", "reshorted at 40, covered at 18!!" TOLD YOU SO!!! Yeh he is going to be right eventually, any internet stock that is based on a catalyst usually has short term moves upward, followed by corrections....
Mark |
