short sales report vil, page-103

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.