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LOOPNET, INC. (LOOP) Message Board

  • papabearus papabearus Jan 11, 2008 1:25 PM Flag

    Over 3 million shares

    There are over 3 million shares under pressure to cover, facing a FED rate cut. Financial institutions will need to generate new loans and buying opportunities are there in the commercial real estate market. At this time, the downside gain versus the upside risk is enormous for shorts of LOOP stock.

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    • I bought this stock from a Motley Fool hidden gems newsletter, what a fool I am. I paid for a subscription, I'm the fool! I lost a considerable amount of money on this stock and a couple others recommendations, I am the fool.
      What can we learn from our mistakes the best way to succeed is to study the market there are no easy ways. The fool's are just that "Fool" however we are the bigger fools!
      Buyer beware!

    • I agree. Also, this company tends to turn in solid earnings so the shorts may cover before the earnings come out just in case the stock shoots up. The shorts got a good ride out of this one, I think the smart ones cover and take their money until after earnings. If the earnings don't move the stock up and the general market remains spooked they can always short it again. I'm in for the long haul so I don't mind the shorts making some dough in a crappy market, more power to them but I think it will be tough to hold this one down for the long term. I think this one is a winner in the long run simply because it's a very good business model.

 

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