The other guy short from 105 can take more of this oversold bounce (or medium term reversal we don't know what yet.)
What are hoping for a s/t swingtrade of 1 or 2 point drop ?
Can you imagine taking a short on nflx last week when it popped from 70 to 80ish thinking that was all she had ? 20 more points of pain up.
Beleive me I am not going anywhere...Get this garbage back to 75-85 and well talk....You my freind are a short termer here...I have been short from 105 and wont be covering till this stock hits below 20 in the next 6 months!!!
being short is not evil in itself, just when a group of hedgies gets short and then spread lies to enrich themselves.
One could argue that it was prudent to say amazon or nflx was overvalued last summer and short it. They fell due to being overpriced, as opposed to what happened here at gmcr.
I doubt they will stay short if looking at chart.
Agreed, shorting's legit, but what Einhorn, Antar et al. do is contemptible.
I have to admit, however, that the past several months have elicited a begrudging respect from me toward what the whale short funds are able to do with their firepower.
As far as any and all trash-talking posters on the boards go (pumping or bashing), they all just go directly to iggy, without passing Go or collecting $200... so except for those times when the boiler room crowd projectile spams the board with garbage from new IDs, it's *usually* pretty quiet here for me!
Do some homework here and you will see the multiple granted to Green Mountain, a food processor/manufacturer, is well above the industry average!.Green Mountain is NOT A TECH COMPANY.
get ready for a drop of 20 points in less than 6 months!Possibly on Feb 1st!