DYOR & back yourself is the only point to take from these posts on shorting.
DYOR - means look at if a bear or bull market - because this tells you where the herd is looking. - Company / house / any investment you want / is it fundamentally good value? - Use the fact that the market acts with herd mentality. - i.e. when something is being driven artificially high - sell, artificially low - buy. - patience is not only a virtue, it is a necessity. You need it in order for you to wait for the herd to turn around after you think a top or bottom has been reached. The bigger the herd, the more momentum.
Keeping all this in mind I have bought a stack of GGPO and some GGP at or a little below current levels.
I look forward to watching the herd scramble after this and VIL if we have only half what the companies think they have.
I don't short - but I don't mind picking up a bargain either.
VIL Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held