Well Kramer was talking about Redback, Elan, Danky and Freemont and he did say something about $100 & revenues astronomical but don't remember what both referred to. If u take the first letter of Redback, Elan, Danky and Freemont = REDF + $100 + astronomical revenues were all mentioned. I take it as a sign!!! He was also talking to Jerry, Elaine and George about these stocks. If u care to rehear him, check him out tonite on Seinfeld
U hear that u freaked out long.
Only an idiot would hold an over night short position on a momo stock.
Fundamentals have no meaning here. It's all about greater fool theory. If you can take the heat, don't get in the kitchen, but if you can take the pressure, there is no better way to make money than to ride the momo.
To short a momo stock is to commit financial suicide.
It is much better to buy the pull back and ride to new high.
If CHNR can go from 4 to 20 in one week, REDF can go from 30 to 50 in the same time frame.
SUCKA...do u even know the concept of shorting. every broker will maintain only few number of shares to short & everybody has already started shorting this