That depends on when they invested and whether or not they are in the money.
I am both long and in the money; but that said, your statement that anyone who is an investor is an idiot, makes you the idiot. Don't quit your night job at Walmart; your going to need it.
Oppenheimer downgrade. What a surprise, NOT!
Take what experts on CNBC and elsewhere have to say...with a grain of salt; Take BBRY for instance,
under a new CEO who is shaking things up there (finally, lots of good news) and some morons still think it's a good short. It's not. Friday, they are releasing earnings early because they are doing much better.
Good post. If they wait until news release and the stock pops, odds are they will miss out on huge upside.
The downside risk is insignificant.
Congratulations! January hasn't arrived...and you just one the idiot of the year award.
Hedge funds are imploding because they fail to use common sense. One cannot survive long in
this market trading in and out everyday. Odds are that BBRY news on Friday will crush any shorts
remaining in this stock; at the very least, the news will put a nice dent in any profits they might have had.
I called it a bear trap yesterday. Oppenheimer downgrades are usually a great contrarian indicator.
We've seen this game before. Now the hedge funds will start pumping when they get long - the smart ones are already long.
I should not be overjoyed by Ackman's bad call, but cannot help myself.
Buy SODA with some of your profits, you won't regret. BBRY is also
anxious to make an announcement Friday...another trade for risk takers.