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SCO Stock

SCO Stock

Posted May 13, 2004 16:54 UTC (Thu) by yodermk (subscriber, #3803)
Parent article: Quick SCO notes

Maybe I'll sound heretical here, but I was actually thinking of buying a bit of SCO stock, looking at a short term (less than a month) gain of 20% or so. You have to know they're going to spew some BS that will make it shoot up a bit from its current level, and with over 50% of the shares being shorted (!!!), any upside scare could make it go up a few bucks. Only for the short term, of course. Wouldn't dream of holding it more than a month or two.

However, thanks to this article for reminding me of the upcoming report. That could make this move less of a good idea...

(Oh, and I *did* just buy some puts on Red Hat, which will make me look even *more* heretical. It just had a huge run up, and with its $4.4 billion market cap, it's got to take a hit in the next couple months.)


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SCO Stock

Posted May 13, 2004 18:06 UTC (Thu) by maney (subscriber, #12630) [Link]

Heretical? Nah, you're just illustrating how little stock prices have to do with any underlying reality these days.

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