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Sunday, June 16, 2013 1:56:44 PM
Yeah, too bad "Long" and "Short" don't mean the same thing as "Long Term" and "Short Term".
Going "Long" means that you think the price of the stock is going up, regardless of the time period involved.
Going "Short" on a stock means that you're betting that the price will go down, regardless of the time it takes.
MJNA is down 39% since Grasso went long.
Perhaps he should have gone short.
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