Been short on pandora since 23.80. bought to cover today at 32.54, lost huge amount by my standards. Will wait this thing out until it hits 50 or 60
This is a great indication for me to hold my short position. When they get enough weak shorts to cover, they will fill the gap. I will cover what I shorted after the gap up at that time.
Correct. Just take a look at what happened to NFLX today.... and NFLX can actually show a profit. Errr, when they hide their expenditures from the balance sheet.
these bubbles beiing pumped for no reason, just technicals so trade on that, but wait for the bubble stock market to reach the exaustion point. may take a bit longer, but will crash this year