And after watching the price action I got a little nervous and sold my entire position at 39.25. I just had a bad feeling and the end of the day proved my hunch right. Glad I am out, 3d printing seems a little over hyped at the moment. Looking at DDD but geez...don't know why these 3d printing stocks make me so skittish.
Is say he is shorting more and all the lemmings that think he is a guru jump on board. Which is amazing to me considering Greenlight Capitals notable under performance. I mean come on he underperformed the S&P 500 by at least 7% a year every year except 2008 when he was down 17% versus the S&P -30+. Anyone that had some short positions in 2008 would have done better than the S&P.
So is he shorting more GMCR? I doubt it, it's not like he has unlimited funds to do whatever he wants and he isn't going to let one security position dominate his portfolio.
So he takes advantage of a forum where he can be on national TV and spew his #$%$, then he has people hammer investment forums and you all believe the hype.
The truth is he has 2 short positions he is getting killed on, GMCR and CMG, so whats he talk about when he is on TV, what ever will help his portfolio the most. Oh and his APPL long position where he also has to hype.
Wouldn't we all like to be able to take a position in a stock and then get on CNBC and pound the table?
Do your own homework, but I am betting we see 80+ by year end.
Well Karen Finerman is always right, you should do what she does. If she wasn't on CNBC only her Mother would know who she is.....maybe not even her Mother.
His Greenlight Capital has underperformed the S&P 500 by a lot year every year except 2008 and then he was just lucky. Hey Einhorn how's that short of Chipotle working out for you? His performance in 2012 was 7% and YTD he is up 18% big deal.