The original thread got moved to the Options category since it was about Puts...but this was a great short as well. I have Puts, but the stock is broken. It has broken quite a bit below a rising trendline that was previously in play. Even Cramer's pumping of it didn't help much. Thanks BuyLoSellHi for the original pick.
It's really breaking down now, with a very bearish chart. I can honestly see it touching the near 50 area here (but I'll take $55, which isn't too far off). 7 lower lows today, alone.
He has been for a week or so...the stock saw a $.50 pop both times he mentioned it and it closed lower. Fuck that guy, he's an idiot.
I call him the best fade ever. I can't wait until he comes out with his new list of 'winners of the new world.'