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Red Hat, Inc. (RHAT) Message Board

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  • mardermj mardermj Jul 16, 2004 8:06 PM Flag

    RHAT from 2001-2004 stock price

    It's very hard to put these guys in the ENRON category, but we'll see how it shakes out in the coming days and weeks.

    That's CFO not CEO but hey, that is what panic does to the street and buying on the way up is better than buying on the way down for those who can't calculate the odds so, I can't complain about waiting, but, I think shorting at this point is a great idea if you want to play for 50 cents or a dollar but I cringe to hold a short for this company at this level.

    I'd rather wait for 15--sell for 15.50, buy at 14, sell for 14.5, but that is what makes two sides of the sale, I'll close your shorts, you do the other end of my sales--but for the most part, I'm leaving my ownership at 15 ish and my sale of my covered calls intact for the long pull.