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Strategies & Market Trends : Shorting stocks: High fliers -- Ignore unavailable to you. Want to Upgrade?


To: Ken Brown who wrote (460)3/24/1998 1:30:00 AM
From: dumbmoney  Respond to of 709
 
<< Admittedly, shorting high fliers feels more intuitive to me, a value-oriented investor. The problem is, it's so difficult to determine when "the street" is going to come to its senses. >>

Exactly. I think in this crazy nutso bull market, shorting broken stocks is much much safer. I shorted AMZN at 60 (but lucky for me, the trade never happend because my broker, bless its incompetent heart, didn't have shares to borrow)