...in fact, I hope so as then I can buy it cheaper.
In contrast to a short, however, I'm pretty flexible. I can buy another stock if NLS goes up. If it goes up to the $18 or so that a traditional P/E of 12 dictates, then I sell for nearly 50% profit.
A short is much more constrained. If the price goes up too far then he will eventually fail to meet maintenance margin, get liquidated, and be forced to cover at a loss. Desperation is an occupational hazard of short selling.
In principle, of course the stock could turn to 'vapor' as deposit so often insists it will. But since the company has been profitable for the past 32 consecutive quarters, has never borrowed a dime, and is loaded with cash, I'm kinda banking on it somehow staying in business.
for example, do you feel that... (a) NLS has not had 32 consecutive profitable quarters? (b) that shorts don't get liquidated when they can no longer meet maintenance margin? (c) that profitable companies can be forced into Chapter 11 by people selling their stock? (d) anything at all?
Just tell me what you object to, show me some kind of proof, and I'll happily retract.