right, so you held a $40 loser to a scratch this morning to make 23, nice going.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Google always goes up
- Thread starter stock_trad3r
- Start date
Would have been a better trade to short your recommendation, it went straight down.
Quote from stock_trad3r:
yea one person
I don't see too many pepole here bragging they make money shorting stuff like AAPL, EWZ, MA, GOOG and other stocks/ETfs I tout.
I'm aware you can make money on the short side, but there are much better tech shorts like CSCO, EBAY, ORCL, MSFT. These stocks hardly go up and selloff on any upside.
If you think only one person on earth made money shorting Google, you're dumber than I thought. And that would actually be something quite amazing.
Quote from krazykarl:
I have my play-by-play on here about my raping of GOOG earlier this year on the short-side. I'll bump the thread "GOOG Suckers" as a refresher for the OP.
Regards,
yea, that was some thread, I remember a few laughing at me when I said it was going to drop back below $500, they thought google was going to $1000, what fools.....even if google goes back to all time highs it will be totally overvalued. Stock isnt worth anything more than $250-$300.
Quote from stock_trad3r:
yea one person
I don't see too many pepole here bragging they make money shorting stuff like AAPL, EWZ, MA, GOOG and other stocks/ETfs I tout.
I'm aware you can make money on the short side, but there are much better tech shorts like CSCO, EBAY, ORCL, MSFT. These stocks hardly go up and selloff on any upside.
I too made a KILLING shorting goog. Go back and read my previous posts. Goog will never see 700 again. I will start to short this stock at 620
did you short 50 shares? only 10% of your total account?
The duration of google's 300 point selloff was very brief. You would have had to have very good timing to short it and make moeny. It is now only off 158 points so unless you shorted in the final month of the rally you lost money if you didn't cover.
Not like crox where it goes lower and lower without any rebound.
The duration of google's 300 point selloff was very brief. You would have had to have very good timing to short it and make moeny. It is now only off 158 points so unless you shorted in the final month of the rally you lost money if you didn't cover.
Not like crox where it goes lower and lower without any rebound.
Quote from stock_trad3r:
did you short 5 0shares or soemthing? only 10% of your account?
The duration of google's 300 point selloff was very brief. You would have had to have very good timign to short it and make moeny. It is now only off only 158 so unless you shorted in the final month of the rally you lost money.
Not like crox where it goes lower and lower without any rebound.
Are you talking to me? If you recall, I stated anything over 700 was a good short...
I was short and had a cost average of 727 and covered just under 560.
If you shorted in the 700's, covered and made money good job. Nothing wrong with making money. You success story though is an exception. The yahoo message boards tell another story...