Name that Roundtrip! Win My Respect?

  • Posted by
  • on January 29th, 2008

If you are going to short you might as well catch a homerun.

I always wanted to be the guy to catch the move to zero in a Fannie Mae, Best Buy or Capitral One.

I HATE these companies and use to short them in the old days. I lost money all the time. The shorts are having their day in the sun. I of course have missed them.

Since 33 percent of all stocks roundtrip/get delisted, it should not be that hard to catch a roundtripper. I just want to catch one in the 50′s or 40′s. Obviously the best lace to catch one is when it’s already a penny stock. Since that’s no fun though, who should we short?

Can’t be Fannie Mae, Harley, Capital One or Best Buy and has to be high profile. I choose Gamestop. Brian and I were just emailing each other about it and it got me thinking how I do hate this company. I hate all retailers actually…except Apple and Chipotle (visited both in last 24 hours)

Let’s see if we can find a high profile one together.

Disclosure- Long Chipotle

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus

In partnership with CNN Money Part of the CNN Network