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04/10/16
07:11
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Originally posted by danginvestor
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I didn't answer the above before...
I don't have any axe to grind against Asaelo or PEP or SCA. I do not know how to short a stock and won't be getting into that kind of game.
I don't have any agenda... not even selling my app or blog since it's given away for free. The only way I plan to make money from the app is to sell it to financial analysts and fund managers. Making it free so that when I contact corporate clients, maybe they'd get bored and log in to see if it's better than their FactSet or Excel.
So... why Asaelo? Because $600m is a lot of other people's money. And these clowns just pulled one heist off at the IPO and are still pushing the same bs.
Yea man, Analysts all agree $1.60 is a good bargain. Ask if any of them put their money into it.
I guess the guys at PEP who knew how to make some $500m+ in three years on Asaleo thought, ey, let's give the mom and pop shareholders a break and offload this at a bargain for them.
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Short vs Long - Shorting essentially you buy and sell within a short period of time, whether that is an hour, a day, week. Going long is a long term investment, usually not my cup-of-tea, I am too impatient.
I do a lot of shorting on BTC stock though.