>>> So, would I short them now on my astute and keen observations?
I shorted it one time back in the 90s when they were on the ropes. I was long from 16 to 30 and went short at 30 and actually made money on both sides of the trade.
There ought to be a rule, though --"Never short anything that has a hundred billion in cash."
One day they are going to miss on earnings and some people are going to get creamed. But believing TV is just around the corner for them, there is just no way I could short them now. If they just happen to have TV in time for Christmas, watch out, 'cause they'll be at 800 or higher. |
