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Jason Bond

11/01/11 7:26 PM

#2897 RE: QTRADERQ #2894

When did I said it was easy to short? My watch list makes it clear there are no shares out there right now and to look for it to go nova before it crashes and burns.

Come on guys... you guys aren't fools. Play it long while it's hot and why not play the crash and burn as well?

Fact is you nor I know when it'll crash and assuming it's going to $10 cause these guys walked LEXG up there is foolish.
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sliderulex

11/02/11 12:30 AM

#2956 RE: QTRADERQ #2894

Shorting IS easy, as long as you're willing to wait for a confirmed dump occuring. LEX G peaked at 10.68, then dumped sharply. By the time the pps was between 9.00 and 8.00 (going down) you had reasonable confidence it was continuing down. You could have shorted at 9.00 or 8.00 and covered much lower. Piece of cake.