The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

Depends on your time frame Daal, I wouldn't hold shorts in GOOG for too long as per the reasons you mentioned.

Re: UNXL, I know you guys know what you're doing, but just to reiterate GOC's point, if you believe it's an epic fail, trading in and out of the stock for a $1-2 makes no sense if you think it's really worth say $5. I'm probably biased as I have a long term position but thought you could use a different POV.
 
Quote from Chuck Krug:

jj> do you have a longterm long position in unxl?
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Short via oct puts so I'm not getting shaken out of this one. Binary event for me, either UNXL is real and we see 50+ by year end or its a pump and dump and it goes back to 5. Obviously I think the bet here is asymmetric.
 
Damn Bitcoin, was an easy short when it reached 175. 112 now, probably goes lower when the lemmings realize what is going on
 
Lesson from Bitcoin mania. If you miss shorting the top, short the first bounce. Bitcoin is almost untradable from the short side given that I think the wallet sites might not pay the shorts but its a good lesson to learn for future manias
 

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