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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: 24601 who wrote (4476)10/30/1999 7:22:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 10293
 
There is quite a difference in buying back a shorted position and to invest money into a viable company. Plain and simple.

I have shorted a company beginning with "R" some time back. I also covered because it was no longer falling on a weekly basis but simply did nothing. Would I ever have bought a long position? No.

Recently, it spiked again, so I have the opportunity to enter a new short position...

EOM and there is nothing to argue about. Noone goes bankrupt by cashing in gains.



To: 24601 who wrote (4476)10/30/1999 9:36:00 PM
From: Mad2  Read Replies (1) | Respond to of 10293
 
The sarcasm that exists on threads devoted to, or involved with short positions results from having to respond to "stock touts" who promote an issue with little regard for fundamental analysis in determining valuation. Frequently the most vocal of poor investiment issues do so strictly for their own personal gain in the belief that buying stock is a ponzzi scheme (which is truly the case with POS overvalued issues). These individuals see their responsibility as a shareholder to act as a "hawker" luring in as many unsuspecting souls as possible. If not greed then ignorance explains the motives.
Mad2