Lets say you shorted in low $390s like I did. even if it touches $400 or low $400s again, it is all part of the smokes and mirrors bounce i really think
because once people realize today's news about growth and sales forecast, etc...and it starts to sink in, and there is no options expiration to save the day, then you will know why I shorted at this level.
I feel your pain, but I think you might be in trouble with a short trade. I would only short this around $430. Anything under $400 will probably be bought by short term momentum traders that want to squeeze the shorts. Like Icahn punishing Ackman's short position on $HLF. You've only stand to lose thousands, Ackman has lost millions. Good luck.
Man!! I was to buy 400 call options below a buck, but kinda felt reluctant. I saw it right now, it is $3 plus. What a chance missed. BTW, what the heck CNBC tugs have with this stock?? Who assigned them to conduct a documentary film on the robotic surgery?? Everyone on CNBC is negative on ISRG. I think, their bosses shorted the stock by large. The same guy (CNBC) was campaigning against GMCR like two months ago, apparently he is short on the stock, - but the did fly high and killed him. It is sad the media stands and works for individual trader in the name of public.