Sneaky2 to each their own opinion and strategy as to how to play Hemi; not really a concern of mine at this point in time given the current position that has taken Hemi.
Let me try and understand your opinion here:
Screw the Hemi shareholder but do not screw back?
Bottom line is if KAA is going to remain silent not providing any updated information to assist the Hemi shareholder to understand what the value is that a Hemi shareholder holds; then what is so wrong in playing part of a Hemi position as a trading position?
After all isn't the end play based on coming out with more $ than $ that you started with? What difference does it make if it comes from a a long play or from a short play?
Don't give that "anybody care" attitude, I've been a long player in Hemi for a very long time and lost very big $'s being that Hemi long. So my strategy has changed to a combination of keeping some Hemi in a long position, some Hemi as a Gun and Run play and a some Hemi sold off as a tax write off against other gains.
And guess what? The last 45 days using this trading strategy, a strategy that I used from Nov 2006 - Feb 2007, directly involving Hemi has provided me my best returns on Hemi since Feb 2007. Unfortunately it has yet to cover the losses from Feb 2007 - Nov 2009, but I'm getting closer.
Hibernation? Sorry looks like that recommendation has been exercised by KAA given the current silent status.
Usefulness? Now that is the $64,000 question because currently there is no useful information available for any Hemi shareholder to properly evaluate.
Enjoy the weekend, let's see what Monday brings on in the trading coral pit of Hemi.
Kels
