It's ok man, don't jump off that bridge. You'll be able to successfully short some other day/time. Just not today/tomorrow. I feel for your loss shorty. Just so happens I'm long 157 since the AM today. It was a bit gut wrenching but A-OK now!
Very quiet now?? How is that $10K+ loss you are feeling right now treating you? Who shorts a stock before earnings after they had already revised their earnings and forecasted strong growth last quarter. Thanks for your money, hopefully I bought the other side of your short.
Phil, I am sorry for your mistake. i picked the other way today, but I could have been wrong and been on the other side. Whichever way we choose, someone chooses the other and someone loses. Sorry.
PS, I hate bashers who rub it in when someone with an opposing strategy loses.
I feel bad for you...
Remeber, never short a good company you are guaranteed to loose.
I personally will never short. But if you are looking for a good short targets NOK or RIM may be a better...
Now with you helps and other unfortunant folks we are having a nice short squeez hate to say it but it is not a bad day for us longs at all!!