SI
SI
discoversearch

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.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: DLS who wrote (12865)8/8/1998 1:53:00 AM
From: zax  Read Replies (1) | Respond to of 164687
 
Hey thanks Zax, I enjoy reading your posts while I wait for this pig to die.

Yes, one really has to be part sadist to continue to hold an already profitable short position.

When you know the final and inevitable outcome of an [(expanding! ;) ] unprofitable company in a tried and true and highly characterizable market behavior pattern and industry, one must at times question ones own being, knowing you are slowly gaining at the extraordinary losses of others.

I would suggest that you comfort yourself as follows:

1. Think of it as "cream rising to the top". These losses of others are your gains. You will invest the money in undervalued companies providing key technologies, funding the future growth of our great country. These momos are just out for a quick buck riding a wave, wastefully throwing their money in the wind.

2. All pyramid schemes are doomed for destruction. Your insight is merely a way to keep profits out of the hands of the hedge funds whose membership are frequently exclusive to millionaires. The little man wins.

3. As there are no more shares to short, and you got some while there was, you are among the elite, farsighted people who knew too much. Your only fear should be that Bezos sends out a hit squad. :)

4. You are helping the market to achieve proper capitalization. Although you are gaining, you are also being an integral part of the important scheme of things.

P.S. Bulls need not reply to this note. I am only trying to console a friend, who is struggling to come to grips with the terrible nature of making money in a zero sum game. Unfortunately, unlike profitable companies, this is all that the stock market is.

GOD BLESS AMERICA