looks like the stock will head lower, oh well, I made pretty good money on my short.
When I saw it rise yesterday, figured maybe someone knew something regarding merger, etc. possibilities. Barring that it could go to the teens, would probably be reasonably valued around $16.00 from a fundamental viewpoint. I might even consider buying at that point.
Taking a second look at a chart, look at the climb since January...this pig #$%$ stock has another $4-6 to fall probably. Hopes are diminishing of a turnaround and with weak retail outlook this pig is going to fall from the sky. You should short more...no one will be buying this company out right now I'd say. Under $22 as I type...see you lower!
cha ching for me also..... dang it!..... I had a GTC order to cover at $21.63..... and it has now hit 21.26 and looking weak..... well, like they say, you can't go broke taking profit..... will look for another reentry point..... Goof Luck and well done to all the long suffering Shorts..... it is our turn and it is sweet!..... bjorn