Shares of the online movie retailer are up over 550% since the March 2009 lows. Sure, it's overvalued, but is valuation a good reason to short the stock?
By Andy Zaky, contributor
Fund manager Whitney Tilson learned the hard way that one should never short a stock based on valuation concerns when we're in the middle of one of biggest bull markets in modern history. Back in December, Tilson published a piece MOREFeb 8, 2011 11:01 AM ET
Larry Ellison is never far from the public eye, yet it's hard to deny that in 2010 the 66-year-old billionaire is having quite the moment. Even for him.
Consider Ellison's winning streak:
* Oracle's (ORCL) acquisition of Sun closed in January, a relatively long eight months after Oracle announced it. In short order, however, Oracle's strategy of owning a hardware company with some storied software under the hood went from being ridiculed MOREAdam Lashinsky, Sr. Editor at Large - Oct 29, 2010 1:50 PM ET
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