Monday is a day I believe that will send already red stocks further into the red. Although run ups provide some of the best shorts, don't forget about the junkers that have already started to fall. Will post follow up.
GBRC nice bounce back up, sure to fall again, already red floater of sorts
still in NXTM but think it could have another big down day, maybe not too late to get in it
FEED and COIN are huge down, but still are good shorts on red in my opinion, don't forget these classic junkers even though they haven't run up lately
**UPDATE
got out of my FEED short with decent profit, but my trade was interrupted yet again by the trampling of the Sykes followers... I thought it was strange that it was running up, now I know it was at least partially artificially induced. The bounce off 5 was probably real, but after that, well, you can decide.
other stocks, i.e. COIN which was not a TIM alert, fell as expected. As did GBRC and EPIC. Nice. Took NXTM at 4.20 for great 2 day gain.
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2 comments:
Are you long or short into NXTM?
thanks
shyam
short NXTM @ 5, was on Muddy's watchlist for 10/3
I think it has more down, but will watch in morning
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