GOOG was down $.94 today according to Yahoo. Assuming this trend continues at todays rate on a straight-line trend, GOOG should approximate $0 per share in about one year. I hope you have long-term puts. I hope this good news makes your day. If you were pj, you might or might not use this information to buy/sell/hold GOOG puts.
If I were you, I would anticipate big profits. I would spend some of them by flying to Vegas and treating pj to a catered seven course meal under the bridge. That would be a six pack of Bud and a taco with Johnny Cash on the stereo singing "I walk the Line.
A WSJ blew by yesterday and I saw an article about Warren Buffett lending USG shares to short sellers a few years ago when the stock price was in the single digits. Now it's in the 80's. Moral: don't borrow from Warren shares to sell short.
I'm not Warren, if I exist at all, but if I did exist and did have shares of ITIC, which fact I am neither admitting nor denying, leaving open the possibility that I am short ITIC or have no position in it, would anyone be interested in borrowing some shares to sell short?
No thanks, but it's a good point. I'll move my ITIC holdings into my margin account right away. Just to be kind to any would-be shorts who may not be getting a fair break in life. It's my way of saying "thanks in advance."