To: E'Lane who wrote (7183 ) 4/16/1998 9:01:00 PM From: AlienTech Read Replies (2) | Respond to
Hey I have nothing against shorts either, Actually I am pretty short. Sometimes I am long especially when looking at BIG hmm eyes but then I say wutdahel and go short as well. Sometimes both at the same time and sometimes short this week and not so short next week. And yes I agree, when you are loosing money its hard to take some of the attitudes, I mean I can imagine the pain of the YHOO and SEEK and XCIT shorts, actually my watch was XCIT short last week, thank god it didnt come into play. Although I have noticed that more shorts are downright rude than the longs, but some of the longs are rude too and it could just be theres a lot more people long than short. Actually at this point VVUS is a great short, I see it going down now to 7 or so. I will be shorting the heck out of it tomorrow. But that does not mean I aint long. But you got to make the money or the other guy makes it from you. And the bitch of it all is you never know till its all over where the bottom is. From watching today, there will be a lot more selling going on. But hey this is where you make the money, Buy low and sell high. One thing I am not sure about is, why are they bleeding the stock, Just sell the shares and get on with it. Maybe they are trying to make a point as well since that would mean the bottom would be found at a much higher price than if they bleed it dry like now. I am just wondering, There are people averaging down and accumulating right now, There are also people shorting (we see that every day cause it never ends at the low of the day but closes UP with the shorts covering), How are the shorts going to cover once the sellers are done? I mean anyone buying at this levels are smart enough to know whats going on or have some idea of the potential.
