How to easily SHORT CRM and LNKD???

RizzoJR

Salesforce and LinkedIn
are both at BUBBLE valuations,
sky high just like 2000 dot.com levels.

whats the easiest way to short them??

1) S/B / CFDs??
- very wide spreads and high leverage requirement for these two

2) sell calls / buy puts??
- does anyone know of brokers that provide accounts to Irish to play these??

3) sell them short?
- again anyone have account that allows this??


JR.

Raskolnikov

Options is the only way to play this, I think. I bought puts on CRM with an expiry of January 2013 a few months back and they've worked out quite nicely so far. My broker is US-based, so that's not an avenue open to you. There are definitely legitimate concerns with regard to their pro-forma accounting practices. I reckon this is a $40 stock at best.

http://www.theglobeandmail.com/globe-investor/investment-ideas/features/vox/the-lowdown-on-salesforces-bottom-line/article2153946/

RizzoJR

I think when CRM crashes it will really go and wont stop
so might try set limit orders on S/B

trying to pick stop-losses and profit target is hard with these though
as big spread/margins.

Will try get a US account opened which I can deal options.

JR

PS Add GRPN to the list!

xertpo

You can use www.optionsxpress.com to open an account to trade all US options and many more. I've used them for about 2 years and I've nothing but good things to say about them. They have a European office in Amsterdam and transfers can made to your account in euro and dollars.

martyoo

PS Add GRPN to the list!

Has to be the biggest joke of a company to hit a main market in a long time.
Put ya yolk to the top of your list

I've never shorted a stock but stocks like Groupon are really temping me!