Dave, I cover at $8 3/8, and you asking ME???
Maybe there are more shorts like me, hanging on for the last few dollars. Just off the top of my head, I think $5.00 is a pretty fair price for the company. At $10, it's pretty easy to invoke serious FUD (you know, fear, uncertainty, and doubt) about the checkered past of the company, some lawyerin' stuff, and that y2k statement on their website! On the other hand, this is a hot sector, they have new mgmt., it could be one hell of a turn-around, and anything can happen.
I'm sitting here hoping there is a big fast run-up, so it's a no-brainer to unbox my short and make money on the gap filling. That is, I'm mildly bullish for this week- the NDB news in a couple days will bear reading. It's not stupid to be long. Or short. I think there is plenty of volatility left for gutwrenching thrills.
Pays you money, takes you chances!
WebDrone (gotta go play video games now) |