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To: Jacob Snyder who wrote (12896)10/1/2013 5:42:25 PM
From: Return to Sender  Respond to of 13403
 
OT: $6 remaining downside on GORO! LOL ... You totally crack me up. $6 downside...

That's better than our usual infinite risk when we short KLIC.

I'm planning on joining you in shorting KLIC again as we get closer to the end of reporting season. We have been fortunate to do so well shorting that stock. Shorting stocks that pay dividends gives the person shorting the stock the additional expense of paying the dividend. Fortunately KLIC has never paid a dividend. I expect at some point though that they may in the future now that their balance sheet is clean.

It's interesting to note that the short interest on GORO is 11% whilst on KLIC it is only 2%.

finance.yahoo.com

RtS