RE: Reality Check re: Shorts
posted on
Mar 26, 2005 09:11PM
So, along the lines of REALITY, riddle me this: assuming that these supposed naked shorters are anywhere as smart as they`re depicted, wouldn`t they at least look at the goings-on of a company (as would a Long investor) before selecting it as a target? Now, having had a look, would you select a target that even had a 5% chance of a sudden upward break-out? In late December/early January, with your (each of you) knowledge of the thought-to-be goings on at EDIG, with several potential and at least one very visible significant if not major success (and rumors of Delta and what not), did YOU think that at any time, there was some possibility of break-out news? Things haven`t really changed much since then, so make it easy on yourself: what do you think right now? If someone painted YOU a perfect path to where you could short EDIG and not get caught, right now, would YOU do it?
Anyone shorting EDIG at this point in its history IMO would have a 50-50 chance of being caught with their pants around their ankles, or, more aptly put, being strangled by their shorts.
Think there might be potential targets out there more appealing than EDIG? Like a WHOLE LOT of them?
JMHO, but I KNOW nuttin`!
SGE