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Administradora de Fondos de Pensiones Provida S.A. Message Board

  • zachary.goldberg Dec 27, 2011 11:38 AM Flag

    Short term short

    Seems like a good short term short after that 7% up day. Any thoughts?

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    • The question is why did it go up like that?

      No news that Yahoo shows.
      Volume was highest in months on December 23 (but low today).

      On the one hand, yes, it seems logical to sell after the short sharp runup and then buy back when it settles back a little (assuming you basically like the company which I do).

      On the other hand, what if there is some really good news or reason why the stock went up and when it becomes widely known the stock could go up much more.

      I don't know (and I'm still underwater) so I'm not doing anything personally.


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