Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Mr.Gogo who wrote (46111)	1/6/2012 1:18:31 AM
From: Spekulatius	Read Replies (2) \| Respond to of 78744

The ultrashorts have friction losses especially where there is high volatility, so I don't use them. You are correct that an index would be a better short - I like IWM (which contains a lot of overvalued stocks imo) best but often have been unable to get a borrow on them. I did not mentioned it, but COH chart looks topsy and vulnerable to break down - it had a sharp drop in September to almost 45$. I read that this stock is beloved by hedge funds which is just another reason to short it, because hedge funds often sell when the momentum is going against them plus they suffer from redemption's when times are rough, forcing indiscriminate sales.