I agree with pullback off todays gains. I expect the stock will bounce around in a general downtrend for the next six weeks. I shorted the pop this A.M. I expect to cover in 6 weeks. With all the buy recs and this good news behind, there is little to drive the stock higher. The stock peaked in early December last year.
<<With all the buy recs and this good news behind, there is little to drive the stock higher.>>
Are you kidding? In the past there has been money to be made on the swings. One of these "up's" is going to be the real thing. I wouldn't want to be holding the bag on a short position 6 weeks from now. Worst case, I expect it to be relatively flat - nothing to hold a short position over.