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 : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (17175)1/8/1999 12:06:00 AM
From: Chuck Molinary  Read Replies (1) | Respond to of 27307
 
It seems obvious to me from the changing content of this thread that the time to short is now. There used to be rational idea exchange on the positives and negatives of this company. Now, much of the commentary I'm seeing is downright childish and/or amateurish. In my eyes, that's a sign the neophytes have been sucked in by the greed. When that happens, the end is near; the greater fool has arrived.

As they say, the low hanging fruit has already been picked. How much, if any, remains on the tree is anyone's guess.

So, yes, after closing a very profitable call position this afternoon, I reopened my short. Sorry I won't be posting prices any longer out of fear that I'll have to email confirms to everyone as proof.



To: Mark[ox5] who wrote (17175)1/8/1999 12:10:00 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 27307
 
I believe all or most of the net stocks will provide a short selling opportunity in the next month or two. I just don't believe anyone who makes claims of perfect market timing on these shorts. My gut tells me that we see good earnings and a very nice split on tuesday. Why anyone would short before then is beyond me. Fact is, most folks don't have deep enough pockets or liberal enough margin requirements to do so. Furthermore, to try and time the market and short in this environment ( net mania ) is stupid and most folks are just are just flat out lying if they profess to be doing so.