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Verizon Communications Inc. Message Board

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  • arts.crafts2 arts.crafts2 Oct 18, 2012 1:02 PM Flag

    CRAMER, in his way, WARNED you to SELL yesterday. He KNOWS P/Es are to high!

    So, you think a stock that reports, goes up from 44.72 yesterday to around 46.50, is a bad investment? It only went back down to $46.00 because of the Google debacle.

    Ebay has huge short interest, and it has followed its own path of swinging up and down, but mostly up. So much for your theory. Neither are tech stocks, by the way.

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    • touche ... i could never figure out shorts anyway ... there's tons of stocks out there with monster
      short positions and they keep grinding higher .... sort of makes me think that shorts are dopes ...
      later .... g

    • GOOG hit the triggers on a lot of names today. Either way, the Fast Stochastic bottomed on the intraday. Once things sort out after lunch, this could be primed for another leg up toward the 46.50 level. If not, then it is pure profit taking ahead of any options expiration movement tomorrow.

      Nov Calls are a safer bet.

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