Re: Newbie to Options
in response to
by
posted on
Jul 20, 2013 03:59PM
Edit this title from the Fast Facts Section
"I'm on the lookout for the next one. But I have pretty high standards and not just any old biotech will do. Maybe I should start shorting them since so many crash and burn"
That's the spirit, Lia, those high standards is exactly what we're looking for. As for your thought on shorting biotechs, well, even though it's tongue in cheek, that's on the money, and why I never make fun of biotech shorts, they have a much higher batter average than longs. I do, however, like to poke fun at their ridiculous posts, many of which you see on Yahoo. And all shorts are fair game once they've been proven wrong!
Rak, retiring at 52 is a great coup; but Chad wants out at 35!