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


To: HG who wrote (19595)2/1/1999 8:37:00 PM
From: The_Guru_00  Respond to of 27307
 
Try the March 80, 85 or 90 puts. Buy the Feb 100s puts if you want, I think that will still encompass the earnings release. Try half of the Feb 100 and half in March 85s. Pennies? Track record is not that bad FWIW. Actually made money shorting Yahoo and AOL over a year ago. In retrospect a foolish move maybe, but if you can cover or are willing to cut a loss, doesn't matter. If you want a non-tech play to short keep your eye on Best Buy. Similar to Dell, people expect them to blow away expectations and split the stock. $10 billion market cap. For what? Internet should wipe them out eventually. Margins going down. Virtually all of their operating margin can be traced back to the sale of extended service plans. If is hits $100, tell me you will short 100 shares. Just a paltry 100 shares. The thrill of riding the stock down is 10x as rewarding as riding something up. Just try it.

Guru.



To: HG who wrote (19595)2/1/1999 11:53:00 PM
From: Paul Merriwether  Read Replies (1) | Respond to of 27307
 
The problem with Dell is/has been that its too obvious as a short. Too many shorts(its the most shorted stock on Nasdaq). They keep shorting, the stock keeps popping and they keep covering. HG is right about the shorts' expected pickings being pennies compared to what the longs have made, but dammit its the principle! ;)
I won't short till the earnings are out, or just prior to. The dellhead zombies are sure to run the dang thing up to the sky(don't dare blaspheme on "DELL" thread, but now that y'all are talking about Dell shorts anyway...).