ARE THE SHORTS ROTTEN OR IS IT THE EGGS?
I have seen the shorts control and in many cases they have destroyed companies. The other side of the argument is shorts don’t kill companies dumb management does. Well that may be the case in some but I will make the argument the shorts supply the bullet and pull the trigger. Let’s take the case of Cal-Maine foods (CALM). The company blows away earning, the demand for their product is on rise, they issue a nice fat divi and well here they are trading at 5 times earning. Have you seen the short interest lately? Ridiculous if I may say and that is the reported shorts who knows how many shorts are running around naked. In my humble opinion I do see (CALM) making a nice run in near future. Maybe the shorts will go find a new victim, seems (CALM) will be around for a while and in good financial health.
April 23, 2008 at 10:33 am
Have you received approval for this blog from Dr. Patrick Byrne?
I suggest you seek approval before you publish any further articles.
Dr. Byrne is the chosen leader in this fight and his authority must be respected,
Regards,
Lenofus
April 23, 2008 at 10:37 pm
Dr. Byrne can do as he wishes. As should I.