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Tuesday, February 19, 2008 6:02:46 AM
And, when they get way over-priced, which they usually are,
we bet against them, totally legally, and 'fix the problem' ,
for a slight + nearly riskless + quick fee. Usually 50%.
The longs don't mind, because they always think that it is
temporary, thanks to 98+% 'positive' posts from other longs.
Longs just keep buying + holding + buying more.
While we shorters correct the excesses, quickly, and move on.
And only return when swvc's price is again way over-priced.
Lately, with swvc, it is, frequently.
Until swvc actually earns any money, and pays any U.S. Tax,
is looks like it is way overpriced, and a great short.
Especially with its ever-growing collection of toxies,
and its 'desire' to buy many more toxic 'companies', ASAP,
and mostly because of swvc's 5x-Super-Toxic "Preferreds",
that only the CEO voted for, to only give to himself.
And, he could vote for as many more as he wants for himself,
at the direct expense of all outsider longs, any day, and any
time he wants, because only his 80% vote counts, ever.
So Wally, what's so wonderfully long about SeaWallValley?
We shorters see the wall as an almost-constant easy profit.
And, we are still helping to 'correct' its price, 4 a profit.
Averaging-down is profitable, for shorters, only.
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