For the past four years you bears and hedge funds have been wrong and consistently crushed. You will be wrong again this year especially if you are short stocks like GOGO. There has been unusually high share supply due to the IPO lockup but that is a temporary event and know one knows exactly what day that balance will shift, but expect it to shift soon and when that happens all the overly excited shorts like yourself trying to leverage this temporary weakness will all try to cover at the low which is impossible. The way you are talking you probably will miss the low by 10 bucks or more and won't cover till your broker forces you to cover at a significant loss. Because you cannot see the bigger picture.
Jpaladin Its good to see that you're so passionate about GOGO. Longterm (2 yrs) I believe that you are correct, GOGO is an amazing opportunity if management can keep the contracts coming. I'm a believer in the business, its a no brainer, being connected is something everyone wants and needs. I wish they had less of a share float but that's something I can't change.
What's the connection between GOGO and Twitter or Facebook???
It's not a social network, it has a great product, almost no competition and a bunch of new markets to discover. Maybe I'm biased because I'm invested in it, but I think 2014 is going to be amazing for GOGO.
I'm in as well but only 1/3 of my expected position. The market is looking weak and I expect a slow decline as earnings season unwinds. I don't think we will see any great earnings announcements, this will drag the market down. I will definitely pick some more shares up if it goes under 20.