How is that getting killed? 12% in a week? ----------------------------------------------- I made the post because you were laughing at me when NFLX ran up against my short position. My 2012 target is $18. Eventually it is going to $0. Their business model is not longterm profitable anyway. Have fun trading it.
I didn't laugh at you just thought that it was due for some upside. If you look back at the posts you will see that I said to short it again if it got to 100. I would get out and you could take over. You're getting a little sensitive with this goro move. I understand, I would be also.
Truthfully having a great interesting day with LLEN. Small obscure stock that I've been following for a while. Been dead for months. Amazing volume today, trying to figure out why. GLTA
I am waiting another week or two and then I am going in heavy on TVIX (double VIX long). This market is ripe for a selloff. Last year it went from 15 to 100 in about 60 days during that nasty selloff to 10,300 on the DOW. If you love action, TVIX is the way to go.
"GORO Stock Promoters claim that shorts get killed when a stock goes up at all, but they claim that longs haven't lost anything when a stock goes down."
You continue to refuse to acknowledge that in a dividend-paying stock like GORO, EVERY month that passes the shorts are required to pay the dividend and EVERY month that passes the longs get paid a dividend.
So even if GORO remains flat, the longs are winning and the shorts are losing, regardless of whether either sells or covers any stock.
I have ALWAYS maintained that we longs have time on our side and that the clock is ticking for the shorts.