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Well--when else should you short a stock for a short term play, if you feel its too risky to buy long at current levels, but right after a sharp spike up, followed by an equally panic stricken sharp dip down, and a back off the intraday high? Once it starts dumping, there aren't any shares left to short. This hasn't happened yet, but it will within the next couple days, I am guessing No question that its a hot play this minute--and maybe tomorrow, and maybe the next day, but look out below, ANY time soon--often after the largest volume day. Or, do nothing and watch, or, buy long and be sweating it for several days or weeks if stuck in it at a loss as profits are being taken off the table. Whatever ya wanna do----. Good luck! |
