I don't think iaci will go much lower but this guy hit it on the nail! shorting at $30... I just wish I sold at $30. Live and learn!
what?he has yet to be right about anything he predicts.he is only "right" about things that have already happened. So its understandable if you like that stuff.
What stocks haven't gone down ? and Rufus admitted that he covered his position above $30....and another thing..on his Rambus "recommendation" here is a link to it http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7082471&tid=hsni&sid=7082471&mid=23363RMBS closed at 31 on Feb 28....It is now trading below 29...I could not find any mention of a "sell" by him, so he is now underwater on that one too.....
and he said RMBS would go to 60 right after the news on the verdictso let's recap:after it was at 30 he said he bought at 11 (can you say monday morning quarterback)then when he predicted it would go from 40+ to 60 it immediately went to 30.he's in something alright, but it's not the know
ummmhe shorted around $30 way back, then it went above his short position and he had to quickly cover.that's not really being in the know, more like a broken clock.that's his nick-name by the way, "the monday morning broken clock"
Yes, the broken clock that when it was right twice a day, made more than all these coocoo clocks. My twice a day has made me millions and it made the longs piss in their pants