RE:RE:RE:RE:RE:RE:RE:RE:RE:$5.60Dude, you seem so d u m b I don't know where to begin or end.
I don't short stocks. I don't make money on stocks going down. I only make money when stuff I own goes up.
so now you are saying it was a general statement, shorting any stock in general requires stoopid people (the stoopid shareholder) to stop being stoopid.
That's correct, the word "any" should make it clear that it is a general statement... The word "any" is a bit of a clue to that effect... unless you are clueless of course, then I guess you wouldn't be able to figure out that it is a general statement.
what does it matter if it is the specific case of gcm or the general case of any stock?
Duh, it matters hugely. Because it depends on what you are shorting? I mean like, are you really going to short a stock that has a P/E of 3 and sells below book value? DUHHHH
in both cases you are calling the shareholder stoopid!
In the case of things I would short, like teck stocks that trade at a P/E of 100 (or don't even have earnings) and a P/B of > 10, just because those stocks are incredibly over valued does not mean they cannot become even more so. And people will keep buying them, which I think is "stoopid", because their share price keeps going up as they keep growing their top line (sales).
In the case of GCM, like I have stated, I can certainly understand why people would be long the stock, as I have been on and off. I seem to alternate between being long, then getting disgusted when they do value destroying capital market transactions and selling, then getting tempted back in because of the fundamentals of gold and GCM being one of the cheapest available gold stocks.
We certainly don't see or perceive things the same way, that's for sure.