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uptick1028

04/01/06 7:54 PM

#44 RE: Golden Cross #43

Haven't lost a dime ....my actual short basis price is over a dollar higher than the stock is currently trading at. Also I already took some cash off the table on the last move down. Even if this stock went to 50, I would just short more on the way up. There is always the possibility that more dummies could get tricked into buying this peice of crap and drive it higher. That is why I never short a full position, you always short in increments. You have to respect the ignorrance of others. In the long run I know I will be right. Here is to hoping more dummies come in and buy to save the longs for another day. LOL