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Abercrombie & Fitch Co. Message Board

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  • danjason2002 danjason2002 Feb 1, 2007 4:00 PM Flag

    wow cramer told his hedge friends to pump anf

    he does have the power he has the phone # to all hedgies at goldman who do u think contorls the marekts hedgies

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    • I don't short stocks. One reason is that I am a basically optimistic person and believe that the broad markets are more likely to go up than down, and that the single smartest thing you can do in stock investing is ally yourself with broad market trends.

      Abercrombie, in the short term, is due for a sell off. But then I though that when the stock was trading at 70, 60, and 50. I wasn't all that optimistic about the company in the short term, when it was trading at 8. There are long term concerns, some of which anftracker mentioned the other day. But it is a very profitable company that now has a track record of excellent performance.

      I have made a lot of money while being wrong about short term price movements of these shares. I wonder if very many shorts can say the same.

 
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