RE: RE: RE: RE: RE: To robbie25....m139 - I hear what you're saying, but I'm playing the percentages. Sure they could discover the next Fruta Del Norte tomorow, and if they did, I'd take a loss, for sure.
But jsut like it's foolish to buy a stock on a hope that they will halt for great news, so is it foolish to not short an otherwise good short because you're worried about a halt. News of that sort are essentially random....and so if one cannot predict them, then why even bother? That's the problem with the retail guy.....he sleeps at night with visions of the next ARU in his head, but doesn't realize that for every ARU there are 500 that don't work out.
Anyways, I hear what you're saying about shorting not being for everyone. It is certainly not for beginners. But if you consider yourself somewhat knowledgeable about investing, and you want to take your game to the next level, you've got to learn to be comfortable with it.
Shorting is not a dirty word, and if you are not willing to take short positions, you're very much limiting yourself in gains you can and can't make. For a few reasons:
1) It is generally easier to call a stock going down then one going up
2) If you only go long, you can only make money when the markets go up.....thus limiting yourself.
3) I personally believe that fear is a stronger emotion then greed, and thus shorting is 'easier' then going long
Anyways, I generally don't make many purely directional bets much......for every short I have, I usually have a long somewhere else, thus protecting myself from any wild swings in the market. There are many effective strategies that cannot be employed if you dno't want to short.