Look at the volume ... can't see it going below $8 now today. Too many bought in! They're not going to be scared out today! But,that's what makes a market! Seems like shorting a stock down 25% is about as dumb as chasing one that's up 25%
I am only down $.30 now but this is still destined for $6.50. I have stop firmly in place at $9.10. If I get stopped out, so be it...I will be out $1,600.00 on 2,500 shares short. However, when it hits $6.50 or lower I will be up $5,000.00. Best wishes and kisses for the slide down.
Sentiment: Strong Sell