Seeking Alpha
  • Ashraf Eassa
    Will try again on $ARMH short at $42.50 or so.
    1/10/13
    Reply (7)
    • Bret Kenwell: This has been a tough one eh? Commend you for posting the honesty.
      1/10/13
    • Ashraf Eassa: It certainly has. The P/E just grows like crazy every day!
      1/10/13
    • Bret Kenwell: Same with AMZN
      1/10/13
    • Ashraf Eassa: Yeah. Fortunately, $AMZN has a P/S ratio that can sorta justify it...ARM is at ~20x sales, ~80x EPS...
      1/10/13
    • Bret Kenwell: yeah that's pretty high hah. Good luck this round!
      1/10/13
    • det9: I am glad you closed your short. I lost 200$ when I shorted it @ mid 30's. Also,other than yours I did not find many bearish articles so far
      1/11/13
    • det9: Lesson learnt. Stay away from momentum stocks. But would revisit this again. Also, I think $FIO is a bargain I think. Bought small. Will add
      1/11/13