Discussion in 'Stocks' started by pumpanddumper, Apr 13, 2007.
Latest Biotech crap mover. Hmm, short at open at around 6 and watch it give back 50% in gains?
agree, 10% or even more drop from current 5.9 is very probable
Dont short this
50% move is very strong
why so confident that the gap gets filled ?
Too late...I did at 6.32...freaked out as it went to like 6.90, then went down to about 6.18 where I covered. Not a very big gain but not a loss.
I'm done with it unless I see it go up to like 6.50, then maybe short again, but sure as hell don't want to go into the weekend with it.
I'm pretty pissed about FMT. I secretely bought a few days ago at like 6.39...dumped yesterday at even money, now its at 7...my timing sucks! I had too much action in it to begin with.
For DYAX, safe to short only to 5.62 on the 5 minute chart.
surprised to see that you can short.
in at 5.92 sold at 6.05. No need to hold this one long term.
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