Wednesday, August 16, 2006
Summer BBQ
Holy smokes are the shorts getting cooked. I say that, with the utmost intention to "rub it in," now that I no longer have short positions:)
Seriously, nothing was funny about the way I got poleaxed on the BRCM and NETL trades-- ATHR was a profit. I guess I has that doom and gloom thing going for awhile, making easy money by betting against stocks.
However, now is not the time to go against the trend. With all the cash that has been piling up on the sidelines, coupled with record short interest, I suspect this market will continue to BBQ the sellers.
The following stocks are taking money away from short sellers, in a very rapid way:
CNR +21%
TOMO +16.2%
GGR +15.4%
BIVN +12.8%
ANF +12.4%
LEV +11%
CHRS +10.4%
MRVL +10%
RACK +10%
CHCI +9.7%
BRCM +9.6%
BTUI +9.5%
SILC +9.5%
SIRF +9.3%
OPTC +9%
TRID +8.8%
SLNK +8.9%
KONG +8.7%
CNXT +8.1%
ERS +7.5%
Seriously, nothing was funny about the way I got poleaxed on the BRCM and NETL trades-- ATHR was a profit. I guess I has that doom and gloom thing going for awhile, making easy money by betting against stocks.
However, now is not the time to go against the trend. With all the cash that has been piling up on the sidelines, coupled with record short interest, I suspect this market will continue to BBQ the sellers.
The following stocks are taking money away from short sellers, in a very rapid way:
CNR +21%
TOMO +16.2%
GGR +15.4%
BIVN +12.8%
ANF +12.4%
LEV +11%
CHRS +10.4%
MRVL +10%
RACK +10%
CHCI +9.7%
BRCM +9.6%
BTUI +9.5%
SILC +9.5%
SIRF +9.3%
OPTC +9%
TRID +8.8%
SLNK +8.9%
KONG +8.7%
CNXT +8.1%
ERS +7.5%