SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?


To: tsunami who wrote (1522)11/26/1999 11:50:00 AM
From: SLSUSMA  Read Replies (2) | Respond to of 2263
 
Sorry, but I have no sympathy for the people who short for a living as they tend to be a rude, arrogant, and condescending lot. Further, they tend to profit from the misery of others and some even enjoy it. Therefore, it is good to see the longs take the shorts to the cleaners today.

Kind of pissed that I missed out this short versus long battle, but I was in on the long side in the SKYM and KTEL fights. Very happy with those trades and this ADSP situation reminds of them.

However, long term this stock will probably settle in the low teens...

USMA95



To: tsunami who wrote (1522)11/26/1999 11:59:00 AM
From: Alan Boyd  Respond to of 2263
 
Todays chart says it all, the shorts got squeezed, me included. Congratulations to the longs who held, you have my money. The price will stay up as margin calls get filled, but after that, down she goes. Anyone who bought in the 30's-50's today will feel like I do now when this trades back in the teens and single digits. This is almost BAMM of 98 repeated (BAMM is in single digits).
Time to rebuild the account starting from scratch, going long and short.
Good Luck.