Replies to post #111910 on Savvy Trades and Investments

[valuemind]

I shorted stocks twice in the past. Each time, the stock rose rapidly after I shorted. Day and night I had bad dreams that the stock might continue to rise to $1 million or even $1 billion a share, and then I would be bankrupt. Eventually the stock felt below my short price, and I covered immediately with little profit.

[hweb2]

DRCT sliding to the $12's. Still seems way overvalued after that disastrous earnings report last week. Not sure why it rebounded to the $17's. Hope ya held onto the short. Think this one headed back to single digits. Too bad the borrow rate is ridiculously high.