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EMC Corporation Message Board

  • La_Scienza_del_Dopo La_Scienza_del_Dopo Jan 24, 2001 12:04 PM Flag

    Question re: short EMC

    Hey, quick question folks. I just accidentally oversold EMC in my retirement account by a stop order filling 2x @ 80.75.

    Now I'm short (accidentally) EMC at 80.75, although it's a risk-free short since shorting isn't allowed in retirement accounts in Canada, meaning the trade will be cancelled and reversed at the end of the day. However, I'm wondering if anyone here thinks EMC is going to fail to break resistance here at 81 and drop back into the 70's today? If so I'm not going to follow up on this and will try to enter a cover instead for a few points...

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29.20+0.31(+1.07%)Jul 25 4:02 PMEDT

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