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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Michael Burry who wrote (6593)4/6/1999 2:08:00 PM
From: Mike 2.0  Respond to of 78515
 
Good luck Mike...FWIW the May 99 issue of Worth has another portfolio manager naming YHOO as one of this month's 10 Stocks to Avoid, giving Yahoo a fair value of $15. I remember the last guy who gave Yahoo and Amazon such a distinction, would have been homeless had he really been short both stocks.

BTW, why sell short vs. buying a deep-out-of-the-money LEAP put?



To: Michael Burry who wrote (6593)4/6/1999 9:30:00 PM
From: James Clarke  Read Replies (2) | Respond to of 78515
 
All though Mike's ins and outs on AMZN, I've been short the thing on principle too. I covered today at a big loss at about the same price Mike shorted. Mike, you sold to me. Only one of us can be happy about that one in two weeks.

No mas.


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