Comments on: New short position: USG http://shadowstocks.com/57-new-short-position-usg Investing, with a focus on small stocks Wed, 15 Feb 2012 07:50:37 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Stopped out of USG - Shadow Stocks http://shadowstocks.com/57-new-short-position-usg/comment-page-1#comment-42 Stopped out of USG - Shadow Stocks Tue, 16 Feb 2010 16:23:50 +0000 http://shadowstocks.com/?p=57#comment-42 [...] a loss of 6.8%. I mentioned in a previous post that I had shorted this at $12.45. Initially, I had set a stop buy order a little less than 10% [...] [...] a loss of 6.8%. I mentioned in a previous post that I had shorted this at $12.45. Initially, I had set a stop buy order a little less than 10% [...]

]]> By: Dave Pinsen http://shadowstocks.com/57-new-short-position-usg/comment-page-1#comment-8 Dave Pinsen Fri, 29 Jan 2010 14:44:52 +0000 http://shadowstocks.com/?p=57#comment-8 By "significant" I mean a correction of 20-30% or more. I added the adjective "significant" to differentiate that sort of correction from the correction we've had in the past week or so. I don't know when that sort of correction will occur, but when it does, I should make money on my short positions and puts. I may make money on these positions even if we don't have a significant correction -- I made money on my BAGL, KITD, and TRMA shorts without one. But having some short exposure when the next big correction hits is definitely a motivation here. By “significant” I mean a correction of 20-30% or more. I added the adjective “significant” to differentiate that sort of correction from the correction we've had in the past week or so. I don't know when that sort of correction will occur, but when it does, I should make money on my short positions and puts. I may make money on these positions even if we don't have a significant correction — I made money on my BAGL, KITD, and TRMA shorts without one. But having some short exposure when the next big correction hits is definitely a motivation here.

]]> By: Dave Pinsen http://shadowstocks.com/57-new-short-position-usg/comment-page-1#comment-7 Dave Pinsen Fri, 29 Jan 2010 11:00:21 +0000 http://shadowstocks.com/?p=57#comment-7 By "significant" I mean a correction of 20-30% or more. I added the adjective "significant" to differentiate that sort of correction from the correction we've had in the past week or so. I don't know when that sort of correction will occur, but when it does, I should make money on my short positions and puts. I may make money on these positions even if we don't have a significant correction -- I made money on my BAGL, KITD, and TRMA shorts without one. But having some short exposure when the next big correction hits is definitely a motivation here. By “significant” I mean a correction of 20-30% or more. I added the adjective “significant” to differentiate that sort of correction from the correction we've had in the past week or so. I don't know when that sort of correction will occur, but when it does, I should make money on my short positions and puts. I may make money on these positions even if we don't have a significant correction — I made money on my BAGL, KITD, and TRMA shorts without one. But having some short exposure when the next big correction hits is definitely a motivation here.

]]> By: Homer315 http://shadowstocks.com/57-new-short-position-usg/comment-page-1#comment-6 Homer315 Fri, 29 Jan 2010 05:04:53 +0000 http://shadowstocks.com/?p=57#comment-6 Dave, almost every time you mention a new short, you talk about how you expect it to drop more than the market does when the market as a whole corrects. In this post, you state you expect the market to correct "significantly." What sort of correction are you expecting out of the market? The S&P's already dropped nearly six percent in less than a week. Do you have some sort of time frame in mind or envision a drop that you think may/will happen? <br><br>I'm curious since a market correction is clearly part of your thesis for shorting these stocks. Dave, almost every time you mention a new short, you talk about how you expect it to drop more than the market does when the market as a whole corrects. In this post, you state you expect the market to correct “significantly.” What sort of correction are you expecting out of the market? The S&P's already dropped nearly six percent in less than a week. Do you have some sort of time frame in mind or envision a drop that you think may/will happen?

I'm curious since a market correction is clearly part of your thesis for shorting these stocks.

]]>