To: LzzrdKing who wrote (2621 ) 11/7/1997 12:12:00 PM From: sepku Read Replies (2) | Respond to of 7396
>>>Tell that to the longs in OXHP CTN IOM CYMI and many other disasters. I think you have read too much Motley Fool propaganda. Shorts are in many stocks for a reason. The big time shorts are well organized, have lots of money and do a lot of research. When they are into a stock heavy, I have to wonder why. They are not there to lose money, I can assure you. They might be buyers later, but it might be 80% cheaper than where many went long.<<< ROFL!! That's a laugh. I'm more anti-Fool than anyone, and you know it. In fact, I'm so anti-conformist, I don't believe in any strategy or set of rules when it comes to investing/trading. Flexibility is the only thing that matters -- evolve as the situation demands. Case in point: Aside from my own port, I manage several others individuals' portfolios with quite favorable arrangements -- of every profitable trade I make, I keep a low double-digit % of that profit. All risk is carried by those who entrust their portfolio management to me. All profits are rolled over and reinvested, minus my % which is deposited into my own portfolio. Therefore, it's safe to conclude that I have been doing something right, or these folks would go elsewhere for their investments. Save the Investing-101 crap for the morons at the Fool. Of course the shorts do their own research and pile into certain stocks for a reason. Of course you should wonder why they are there -- you're an idiot if you don't. No need to assure me "they aren't there to lose money"...I kind of figured that since shorting is not another form of charity. I don't believe the shorts are any more organized or informed than the longs...they have the same emotional weaknesses and will go to the same extreme as their counterparts who bid a stock up into the stratosphere. My only point, and a simple one at that...was only that shorts MUST buy back their shares at a future point. And I welcome them to any stock I'm in. The savvy shorts were on top of CYMI when it was in the 40s (post-split, of course)...now it's beginning to stink like when the longs were paying $48 a share for it. Any current shorts are bandwagon buffs -- merely hopefuls riding the opposite extreme. Of course, the current market is in their favor, so they are afforded some protection. Style Pts.