Trading at 52-week low, NYSE:SAPE

Discussion in 'Stocks' started by einai, Jul 3, 2008.

  1. einai


    Just a short note for those interested.

    I've been short this stock for a week or so. There has been heavy insider selling for the last few months.

    After about a 10% drop over the past week, it "ought" to be rallying today, but is now trading exactly on its 52 week lows.;ohlcvalues=0;logscale=on;source=undefined

    Anyhow, it may make for an interesting short, since if it doesn't hold today, there's no support below.

    Best wishes,