One of the great challenges of shorting a stock is knowing when to start a short. With CAPS, that isn't a concern. Take my short position in PALM for example. I started shorting at $3, fully knowledgeable that the company's products were only iPhone wanna be's and not the real deal. Fully knowledgeable they didn't have enough cash without a big success. Fully knowledgeable they made a deal with SPRINT - which is/was losing customers by the bucket load. Fully knowledeable this company was DEAD. [more]
My latest blog deals with the group Keep America Safe, led by Liz Cheney who has attacked the Obama administration for hiring nine lawyers who defended terrorist suspects.
To think that any lawyer would stoop ... Continue reading