*Really* bad week for SCO
David J Patrick
davidjpatrick-rieW9WUcm8FFJ04o6PK0Fg at public.gmane.org
Tue Dec 9 02:25:04 UTC 2003
CLIFFORD ILKAY wrote:
> [snip]
>
>> That begs the question; are there any investment wizards in the group
>> who know how to "short" a stock and, thus" reap the reward for
>> predicting SCOs (and soon enough M$s) swan dive ?
>
>
> Shorting a stock is not difficult or require great financial wizardry.
[snip]
> Finally, unless you do this for a living, the odds are against you
> that you will make money doing this. You should avoid speculating with
> money that you cannot afford to lose. In other words, if you feel
> confident that this is a winning strategy, and you have analyzed the
> risk/reward ratio and determined that it is acceptable to you, and you
> are doing this with money you can afford to lose, by all means, go for
> it. Otherwise, you are just another sheep waiting to be sheared by the
> pros in the business.
>
>
I believe it was Mark Twain who said;
"There are two times when a man shouldn't speculate;
when he can't afford to
and when he can."
djp
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