I shorted just before the close on Friday and will ride #$%$ all the way to $2
This company is a money loosing machine and google is not a bargain hunter. At over $3B MC this is way overvalued. It will test new 52 week lows this week. Buying a company like this one will damage the google brand, no way they will buy this one.It was just a rumour from bloomberg so some major shareholders can get out before it's too late.
We will see tomorrow.I short very very rarely, but this one is easy money. I am not a day trader either, but I buy and hold good companies, garbage must be shorted to make some quick money. Whoever the ... you are, note that I did not insult any of the longs. I understand that this is an open message board, but I did not say that you or whoever went long is an idiot or whatever, everyone is trying to get some value of their investments or trades.