so you just lost $600 on the after hours. S went up. Tomorrow it will jump higher, ouch. I just think there is much more risk to short S than to go long. I don't minf shorting when I can. I always short the banks on the first hour it never fails, but with S. The stock is down from the $20s. In less than 1 month this wil be traiding again back in the $4s.
It was being held back by that stupid Moody's news. Nothing to hold it back tommorow. Unless we have a big sell of in the market you are screwed.
4.25 in the next few trading days. possibly tommorow.
your loss = $19250
You do not short this stock this time of the year. Try looking at past history before you put in trades. These types of stocks usually do very well from now until the end of year.
do you realize how many new customers there will be with 4G and how most current phone owners will probably switch to 4G phones in the next 5 years, I not only bought this I bought their suppliers stock. this is going to be big, the only drawback is I make to much because they get bought out before they can go even higher.
Nice!!!! Cannot wait until you buy back tomorrow!!! Pretty gutsy considering s is only .12 till it crosses its 200 day moving average!!! When it does it will do what it always does... Shoot up 10-20% in the few days following the cross( most all stocks do) you will sadly regret doing this... I advise you switch and go long asap in the morning!!! I am long though( in 25000 shares at 3.04 :).... Just a thought.