AI
Thursday, January 26, 2006 4:41:43 PM
Re. I have no idea what to think about this one ..
I'll tell you what I think. That's a ballsy move to short rmbs now. Do you also jump off cliffs on a mountainbike? It looks great if you know what you're doing. HA.
I was considering selling 30% of my rmbs holdings. I also thought it would droop ~5 points due to:
1. profit taking after big run-up
2. we're in a no-news period that will prolong the droop
3. Hynix's current appeal
I haven't sold as I was first going to let the market test my hypothesis. Fact is, rmbs hasn't dropped any. My hypothesis is wrong. Share holders are now in a wait and see hold period. There's still a lot of up-side potential in the not so distant future. No one wants to give that up. The second phase of the Hynix trial is scheduled for March. There's a lot of pressure on Hynix to settle. And even if they don't, the odds are not in their favor to beat Rambus.
Where does that leave a short? I hope you have better justifications than given in your post. Hey, want to do some mountainbiking? Cal enjoys riding with guys that have ballsy moves.
I'll tell you what I think. That's a ballsy move to short rmbs now. Do you also jump off cliffs on a mountainbike? It looks great if you know what you're doing. HA.
I was considering selling 30% of my rmbs holdings. I also thought it would droop ~5 points due to:
1. profit taking after big run-up
2. we're in a no-news period that will prolong the droop
3. Hynix's current appeal
I haven't sold as I was first going to let the market test my hypothesis. Fact is, rmbs hasn't dropped any. My hypothesis is wrong. Share holders are now in a wait and see hold period. There's still a lot of up-side potential in the not so distant future. No one wants to give that up. The second phase of the Hynix trial is scheduled for March. There's a lot of pressure on Hynix to settle. And even if they don't, the odds are not in their favor to beat Rambus.
Where does that leave a short? I hope you have better justifications than given in your post. Hey, want to do some mountainbiking? Cal enjoys riding with guys that have ballsy moves.
