<<CK, I think we need to be very careful shorting ZONA now. With all of the big run ups and "gaming" going on now, we should be shorting those. (ALMI, CYSP, AMEN, SEVL, MARG, HCOM and more) Big one day returns and get out. I am still short ZONA as it is falling now, but thinking about a cover.>>
Roger, My position on this thing is so lousy, if I cover now I am going to take a serious hit. That is why I was considering buying some calls for insurance. As you can probably guess, I am pretty new to the shorting game. This run up after the Oppenheimer announcement I didn't expect. I was thinking of averaging up a bit, but this thing is too volatile. I don't dare to take any further risk. I'm alright for now but if this thing kicks up to 40 I'll never get out of it. Any feeling for how much this thing will fall in the next day or two? Any other advice out there would be appreciated? CKH |
