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.
Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Thean who wrote (3885)10/7/1998 9:49:00 PM
From: Grommit  Read Replies (1) | Respond to of 14427
 
POS was explained to me. Jeez, what an idiot, I am. :o)

I won't short POS specifically, but will look for other POS possibilties.



To: Thean who wrote (3885)10/7/1998 9:58:00 PM
From: Peter V  Respond to of 14427
 
<<If this is all play money and you don't mind risking it all, then one should go short the internuts/pharmaceuticals or go long gold.>>

No trust fund play money here. It's just from my other shorts htat have been collapsing nicely, and I need new targets. I believe in diversity, I've seen too many longs complaining they got wiped out when their stock I was shorting tanked because they had bet it all. I'll take a few hits as long as I win more than I lose, but putting it all on red is not for me.

I'm short AMZN with Dec 80 puts that I paid dearly for when AMZN was 75. I'm waiting for them to get back in the money so I can sell them and forget the internuts for a while.

I'm not a daytrader, I have a job, which interferes with my trading, damn it! So KRB may not be for me with those wild swings. Got anything that looks overpriced and needs a haircut? I think I will buy some gold call LEAPs, has anyone bought them on the metal itself? Where do I get quotes for that? (and as I say this I realize I have NO business buying those things, I don't know the first thing about them).

How far can the evil tower fall?

I shorted PVN today at 55, way overpriced, and this is not a good environment for the lenders (as you know), it could get to 25. Shorted NDE Tuesday, got cut in half since then.