RE:RE:RE:RE:RE:Short report... Bluechipper,
Thank you for the kind words.
I'm not trying to paint all shorting in a bad light. In many instances stocks are over hyped, and are nothing more than dogs rolling around in a bed of fleas......in these cases short positions help maintain order ie. They keep us retailers from taking a huge bath. In most cases these stocks get shorted to essentially zero, where they belong.
Without these necessary safeguards built into the system, a retail investors might get sucked in at 12-15 dollars versus 1-2 dollars thus facilitating financial disaster. Better an expensive lesson than financial disaster.
In short, know your geology is sound, and use some of these price capping schemes to your advantages.
Rules to live by:
Always sell half at double, even if you believe it to be worth far more, because even if it is, we're still leaving some on the table for the next guy. Plus you're now playing the game for free.
Next rule is remember rule (1), which we all forget sometimes.
Surething is certainly not infallible....... he's been taken to the woodshed on more than one occasion, and will most likely take a few more trips.
One needs a degree in human psychology, and geology in order to navigate these markets sometimes. The schemes used by market forces are as diverse as they are crafty.
Our geology is strong, and that's all we need to know
Best
S