daytrade diaries... wednesday, page-93

  1. DSD
    15,757 Posts.
    shorted more JBH today at 13.10. I now have a HUGE position...... so if JBH hits 13.60 i'll be bleeding badly. But remian confident earnings have deteriorated rapidly these past 2 months and can foresee no likelyhood of sudden turnaround.

    Margins paper thin on their products. An example of another problem facing JBH is massive consumer resistance (apart from PC whizz kids)to converting from Windows XP across to Vista. So firms/private buyers are buying more RAM and keeping their current computers humming.... as all new computers only sold with Vista.
 
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