I'd say thats good advice. The upside potential looks a little low for the risk at these levels. However, if a person was a very nimble trader they could scalp a little on the short side. Risky stuff though, only for the skilled.
I purchased DLB at around $19.80/share, on the strength of its balance sheet and its future prospects in the gaming markets which is very strong. People are underestimating the strength of the playstation brand and think people will not upgrade, thats foolish. When people of purchasing $7k computers for gaming from ALienware and Dell, the gaming market is strong as well as the Sony Playstation Brand, I think the pricing will be fine and it will be a must have, which will be a windfall for DLB whose technology is embedded. DLB is a licensing company so the use of its patents are key, further the future of audio technology is squarely lead by DLB. I see DLB being a $30 stock, thats the point I will sell. The recent sell-off to $18.68 was a nice buying opportunity, today is rose .74 in interday, and there is absolutely no new news from the Company, so the swings are not explainable. Take advantage of the dips.