TOO FUNNY....Mid 2012 the Motely Fools, ANAL-YSTS were all saying this was a BUYING opportunity.
This followed the stock getting cut in 1/2 into the low 20's. Now you hear them talking BUY BUY BUY again as the stock gets cut in 1/2 again into the 11's. Just goes to show you, you must follow your own DD. There was ZERO reason to buy in the 40's, 20's and now the 11's.
What has changed with this companies bottom line that makes it such a BUY BUY BUY?
ps. Shorts got this one spot on and it may get cut in 1/2 again.
MAKO was a great short, now it is severely oversold, there are twice as many MAKO machines out there thenb when it was at 46 a share, that was all hype and momo. There just isn't the risk reward to stay short here, if they get bought out tomorrow (unlikely) it would likely be at 23.
Sorry for your misfortune with ACAD. Shorting it to $4 and using margin. Hope that your "gut feeling" doesn't hurt your bank statements this time around too. Although, the way your posts are... It seems that ... Maybe... Perhaps you should rethink your positions.