Joined Jan 27, 2008
7,405 Blog Posts
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I’m jumping on this one with you. Small position. Good Luck
this one has potential to be huge.
Being that you sold short DECK, I’m selling this one short.
Wish me luck.
Being that you BOUGHT DECK….
CRM. Now they have a P/E of 680+. This will be a great short soon, after 3-4 days of the short squeeze and dumb money. They earn $0.09/share! Net income of $11.5 million equals $7 Billion market cap. Wow.
if you shorted CRM you got fucked. why do people short/long into earnings? why?
Did you sell your STP. Any ideas about this one?
Danny:
Good question. High risk/high reward, all or nothing. I don’t play earnings, but once in awhile will dip my toe in the water. 🙂
Update: Upon further analysis, I don’t think CRM will be good short play until later in 08.
Caj:
ATI –
still in STP, holding on to this one.