SERIOUS FRAUD IS TAKING PLACE IN THIS STOCK-DESTINED TO CRASH
I've made this point before, but I don't think moaning when the tape goes against you helps anyone's cause. Actually, it encourages the other side, because it looks so amateurish. It's one thing to think -- as a lot of us do -- that on a long term basis the strategy of piling up debt to buy back shares is a recipe for destroying shareholder value. But it's another thing to try to predict when the market will decide to comply with our opinions. IMHO, the longer the game lasts, the more devastating the decline when it comes. But I don't pretend to know when that will happen. I suggest the shorts need to be patient and not take more risk than they can afford to handle. Eventually, they will be right, it is written in the balance sheet.