InvestorsHub Logo
Followers 0
Posts 189
Boards Moderated 0
Alias Born 09/18/2006

Re: peacecorps post# 1178

Thursday, 10/12/2006 5:10:22 PM

Thursday, October 12, 2006 5:10:22 PM

Post# of 22157
last year, hit a high in October 2005...

it again hit a 52 week high again in February 2006...right before the rally into May...it's now rediculously high again...

everybody "knows" about shorting stocks now and we're seeing it in the massive retail short interest...and this time is no different...to sell something short, most of the time there is a good reason...but now, with people being able to trade from home and stuff and with information access easier than ever...things are shorted just becasue they are "up" too much...and I'll reiterate, that, in and of itself is NOT a good reason to short a stock, an index, anything...and it's a lot of retail people that do it b/c the higher we go, more of the herd will short...stop shorting higher highs...stop running with the herd...

retail shorting will continue to drive this market higher..jmho..
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MRVL News