Shorting SNDK?

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

  1. If by "pt" you mean target, then let me clarify my "trading style". I'm a longer-term swing investor, as I have limited capital and I'm in the middle of my studies at university. I've been short SNDK for a couple of weeks now and I'll most likely maintain my short position in the stock for several more weeks and possibly months. So to answer your question, no, I'm not out.
     
    #11     Feb 27, 2007
  2. ginux

    ginux

    #12     Feb 28, 2007
  3. ginux

    ginux

    what broker are you using?
     
    #13     Feb 28, 2007
  4. Equities: Scottrade
    Options: Etrade
     
    #14     Feb 28, 2007
  5. Heading SOUTH!!!
     
    #15     Feb 28, 2007
  6. #16     Feb 28, 2007
  7. DONT SAY THAT! :p

    I dont see any major support until 30... look at a weekly (2 yr)

    what do you guys think?

    cm
     
    #17     Feb 28, 2007
  8. I'm short this one for the long haul. I've already sustained single day moves to the upside, which makes the much larger downside moves ever sweeter.

    Fear not, CashMoney. I think we're in pretty good shape. Even bargain shoppers are staying away from this one today.
     
    #18     Feb 28, 2007
  9. The weekly two year tells me that this stock could reach the 20s, as I originally posted.
     
    #19     Feb 28, 2007
  10. it bounced .15 maybe thats all it had

    http://i8.tinypic.com/4btmgbk.gif
     
    #20     Feb 28, 2007