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 (47486)	4/18/2012 7:52:41 AM
From: Bocor	1 Recommendation Read Replies (3) \| Respond to of 78507

Shorting any high flier, especially one that has a heavy short position is a recipe for the greatest loss ever theory. Just look at Whitney Tilson who is a pretty sophisticated and usually "right on" short seller. Whitney Tilson and Glenn Tongue's hedge fund T2 Partners covered their major short of Netflix (NFLX) last February, almost at it's high. They ultimately would have made a bundle, but no one is immune from short squeeze after short squeeze. My guess and hope is that Chanos has a super small position, and is hoping he can goose it higher before taking a decent sized position. Read more: http://www.marketfolly.com/2011/02/why-whitney-tilson-covered-netflix.html#ixzz1sOLmpjtl