RE: Short covered? BapakMy 1st short at $121.41 was covered at 116.41 ( I am happy to get $5 spread in a few days). However, I shorted again at $130. Looks like maybe too soon. Planing to add a bit more at $140 , it may get there if market is still strong. Like I said before I have the staying power. I know that sooner or later all stocks are traded on the fundamentals. The danger here is , however, that some idiot from the John Roth' school makes a takeover bid - in that case I am #$%ed.
Bapak