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Re: None

Wednesday, 07/23/2014 10:29:13 AM

Wednesday, July 23, 2014 10:29:13 AM

Post# of 237897
Why people should be going long on MJNA at cheaper prices rather than short.
First, shorting carries much more risk, as the trader can lose his money to infinity. Second, you can only make 100% tops. Buying puts is a much less risky way to make money on stocks going down than shorting the shares. You name it Jim Cramer, Warren Buffet have said this many times. Shorting is very dangerous, epesically when stocks have already sold off. If MJNA was at $1-2 a share with current earnings that's where you'd short not here and not at the 200MA!