Reasons to short:
1) P/E is 125 Google is 45.01 (the stock is at $500+) and AAPL is 38.81 ($122+).
2) They have one (ONE!) profitable quarter in all of their existence.
3) The Chinese market is notorious for things that can be pirated, copied or downloaded.
4) China's Market is currently getting pummeled.
As always, we'll see. I will personally say that I'm a little fearful of this one but seriously, this has gotten out of hand. Time for this balloon to come back to earth.
In Portfolio: Short Selling at 74
Duration: Just a few bucks. The scary thing about this stock is that I don't think the stupid thing is done growing
NBA Finals Prediction: As much as I want LeBron to win. Really, it'd be dumb to go against the Spurs.
