Unless you're that stupid to be short. Stock will take off in advance of the Air Force award which they will win. But it will also take off in advance of the IBD 100 Friday night. At the same time those privy to the early release of the IBD 100 will be buying making everyone believe they have won the Air Force contract. That will bring more buyers thinking that the IBD 100 is happening. Then all of a sudden it really does happen on both ends. That gives you $28 tomorrow night and over $30 on Monday.
I'll be sleeping mighty nice tonight. A 50%+ loss for shorts by Monday. Yikes.
just wondering; where are you getting this info about a possible Air Force contract award?
i see no write-up about it in any of the recent PR's and SEC filings (10-Q).
what am I missing?
(btw, i think it'll break above the $23.50 level friday, likely resting around $24-25 by the end of the day, but we'll need about 400,000 or 500,000 shares to get this done--momo traders will take care of that)