Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 692.76

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Jan 26 4:00 PM EST

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To: the longhorn who wrote (144996)	5/7/2020 4:39:03 PM
From: Katelew	Read Replies (1) of 222434

I've got to brag on my winner today. Check out TWLO. I bought some three different times, ending up with an average cost of 100.09. Rose over 50% today on earnings, and I sold at 171.52. I had a good one last week, too. EAT at 18 and change. I had scored hugely on DRI, Darden Restaurants, bought at 34 and out at 72, and thought EAT might move because it had a 20% short position in it. The very next day it jumped over 25 but I didn't exit until 23.40. So at the close today, I bought a small amount of DDS, Dillard's dept. stores. The main reason was that it had a 44% short on April 15. Is that even possible? Other than that, I don't like anything much about it. It reports on May 13 and earnings should be cut in half, but the price already reflects that. The chart, though, doesn't look encouraging. But I'm not real savvy with charts, so if any of you guys would give me your opinion of its chart, I'd be very grateful! Is anyone else looking for heavily shorted stocks?

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