**** WE'VE MOVED TO A NEW HOME ****

Friday, August 7, 2009

Bookkeeping: Adding Back to Short of Riverbed Technology (RVBD)

TweetThis
So who was long Crocs (CROX) going into earnings last night? They only lost $30M, just imagine if they make money one of these days.

Anyhow, I was not so fortunate .... we are going to re-establish our short on Riverbed Technology (RVBD) that we covered for a 5% profit ahead of Cisco's earnings, Wednesday. The stock is back up to near $20.50 so we have a nicer entry although I was hoping for just above $21. Even with this euphoria the stock just has lot its mojo.

We had cut this down from 4%ish short to 0.1% Wednesday, and now we are getting it back up to previous levels. Over $21.50 and we'll exit.

Short Riverbed Technology in fund and personal account

*

*
Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.


Site by codeeo
Original WP Premium theme by WP Remix