GREY:SXRZF - Post by User
Comment by
tillbillyon Mar 01, 2011 8:26am
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Post# 18210495
RE: RE: Selling Short and Buying Long
RE: RE: Selling Short and Buying LongI don't get the attempts to bash LouE. He rode the wave from a buck something and sold at 5.50. That's pure balls or genius or luck. Whatever.
Yes the stock roared to 7$...He NEVER LOST MONEY.
A dangerous short at 7? Perhaps. But HE NEVER LOST MONEY.
Didn't buy at 5.85? His money is not at risk. Sorry girls...you can not pick the highs...or the lows...you can only trade in between. That's how you make money.
His refusal to buy above 5.50 (until he sees a value change) shows discipline I only wish I had.
GLTA