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Re: obamas_always_long post# 17706

Friday, 06/04/2010 8:59:37 PM

Friday, June 04, 2010 8:59:37 PM

Post# of 59551
Thanks! Maybe I do have an ego. You made me feel good with that post. LOL!

I've shorted a few times. Even on a very good buddy's company in the past.
Some are way over valued and deserve a good short position. Health South? Sometimes when you are dialed into a stock, you see an overvalue in terms of a run away pps. I see wher it has a place in the market. What I don't like is the 3day to clear trades the MMs, The DTCC and your brokers have to play aginst us. 3 days is an insult for a society that has walked on the moon and put cell phones with internet acess in everyones hands.
What I hate to see is, great news and a stock runs for 3 days and I know MMs are just filling buys without even having the shares in hand. They know it comes back down and they cover those trades on the down side. A trade should clear in a nanosecond. I think the shares should have a paper trail of names who owned it prior to you. Each share! no reason not to now a days. 3 days? Geezes!

Heres a good one on a slow week end if your intrested. I love this story. Newby requirement 101. Its just a good eye opener. And still the best game in town. On Earth!

http://online.wsj.com/public/article/SB118359867562957720-5Yb1Y_mpcl9a2nKbc0IaV0tDHyk_20070712.html

When we get FDA approval just be thinking this in the back of your mind as this passes through $2.50 on a few 1000 shares.
Its a force and one of the players.
This is one reason I pray Dean drops news of an outside deal after a day or two after FDA approval.