In all seriousness though,
GOOG is probably the worst short bet of them all. Company is trading at PEG of 1.26 and forward P/E of 33 not very expensive. My bet here was that they won't take out 700 without a pullback.
AAPL ... I just never liked the company and probably the reason I missed out on the stock But its the second worst short out of the 4. 1.6 PEG, forward P/E of 30. Their growth is bound to slow down at some point, but who knows when.
Now... BIDU and ISRG... thats a different story.
BIDU .... I understand the love for China and so on but this is one expensive stock. forward P/E of 90 and PEG 2.82 .... A stock with these parameters can easily dissapoint. But it has relatively low market cap that makes it a little dangerous.
ISRG ... 67 forward P/E and 2.3 PEG .... Also a very expensive stock. Also can easily dissapoint. Don't think this has much room to run, which makes it the best short out of 4, IMO, since it doesn't have the China madness associated with it.
I'm keeping my finger on the trigger for GOOG and AAPL here, but since I got good prices on all 4 of them, I'm going to hang in BIDU and ISRG for a while, see how it works out.
Generaly stocks with high PEG make decent shorts at some point down the road.
But the stocks are definitely crazy overbought on weekly charts. 14 RSI is pushing 90 on all of them. Monthlys aren't much better. Pullbacks aren't far off. But this is like shorting Nasdaq in 2000. The madness kept going on and on killing shorts along the way. Yes, at some point shorts made huge money on that stuff, but not without pain.
Edited by ogm, 31 October 2007 - 06:24 AM.
