i shorted at 14.98. guess i too jumped little early. still i am confident that the 1300+ p/e wont hold up too long unless they have a miraculous turn around on earnings this puppy is going sub ten. where i will cover.
Thanks for the history lesson, Hotmodel. Pathetic.
One thing KFed is right about, though, is that he did manage to suck me into the very thing I criticized him for: shit-slinging. Turns out his disease is somewhat contagious. The shit-slinging thing, not the holding onto a stock without a protective stop.
Not short but long until I stopped out to accommodate a declining market so when it starts picking up again I can get back in at a more opportune time. You should try it sometime. These days buy and hold is for Kool-Aid drinkers and wishful thinkers.