sometimes it does hurt to be short. just like any other bet one loses. the bad news for me was being short today around $15 and covering between $20 and $21. fortunately i had already made a few bucks shorting and covering tree before this trade. the best news is the new great short i have now identified. usai buys an internet mortgage lending company when interest rates are at the lowest level in most of our lifetimes...i am now shorting usai. congrats to all tree longs who came out well here. my advise is to get cash as soon as possible on your trade (but my advice would have lost you a fair amount of money on my most recent tree bet). i will check back on my usai short with all of you. best wishes on investing and please vote for the local congressional candidate who supports tax relief on dividends. norm.
I suggest you over cover your short. USAI with its combination of purchases is entering the accelerative phase of earnings accretion from the purchase components while our economy is accelerating in its growth.