To: Bert Zed who wrote (8978 ) 11/24/1998 3:19:00 PM From: im a survivor Read Replies (1) | Respond to of 10786
What is current short position, anyway ? I really am amazed that anyone would short ALYD. You know my favorite word is " speculation", but, geez, if your gonna play this baby, it seems to me that LONG is the only way to play it. Between $6 and $9 is awfully far off the companies high, additionally....at current levels, the downside can be NO MORE then $6 - $9, correct ? And lets face it...no matter what my views are, or anybody elses, chances this baby will go to zero, is pretty slim. I mean, they are worth something, are they not ? So, assume a $2 or $3 low bottom, and now your downside is whole lot less. Yet, there is no limit on how high this baby will go, and with these speculative issues, it sure would be possible for a very nice jump. So, would I rather be caught in a speculative issue ...short, with a small range to drop...only a few dollars, which is where I will make my profit and a possible downside risk that is unlimited, if this baby takes off. Or would I rather be long, with a limited downside because of limited range it can drop and an unlimited upside should it take off. So we have limited upside and unlimted downside tag teaming limited downside and unlimited upside. Who ya gonna put your money on. Man, thats just simple investing abc's....I guess the folks that short ALYD are the same one's with the huge bal*s shorting the internets. No my attitude hasn't changed....I am on the sidelines as I just feel I want my money elsewhere right now, but I still think it is quite foolish to short this baby...especially right now. But thats JMHO, and we all know what that's worth. KG