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AutoZone, Inc. Message Board

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  • everfoxy everfoxy Sep 3, 2009 5:38 PM Flag

    Count your sheepskins.

    You only have a gain in those shares if you sold them before the market closed today. You might be able to snatch the gain by selling first thing in the morning, but you'll miss what you could have had at 3:55 p.m. if stock opens lower in the morning as people are eager to add to their shorts on that bounce. But then, I'm not sure you actually bought shares at exactly 145 or lower. And if somebody bought shares at 145 and also has shares from 155 and 165, the total position could be a loser very soon, IMHO.

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