Shorting SNDK?

Discussion in 'Stocks' started by CalScholar, Feb 27, 2007.

  1. Prepare yourself for a BUMPY ride! But the end of the road (months away) will see this stock in the low 20s.

    Disclaimer: Short at 41.15
  2. If it breaks below $38, I'll be opening a massive short position.
  3. It is below 38. I'm not sure I follow??
  4. Yep. Well below. $37.50.

    I'm in short as of 2 minutes from now.
  5. Welcome aboard, ByLoSellHi! and G-d Speed my friend!
  6. Likewise, CS. :cool:
  7. A bunch of sell stop orders should drive this stock down the second it touches 37.30, potentially pushing SNDK below 37 by the close. More importantly, it would eliminate a (short-term) support point that could otherwise move this stock upward tomorrow.
  8. shorting at 37.15 with a 23 PT.

  9. Here we go!!!

    37.3 ... 37.2 ... 37 ... 36.8 ... ... ...

    Killing longs and loving it!
  10. whats your pt? or you already out?
    #10     Feb 27, 2007