Black Fridays have a 75% probability of being green and the honor of having the single largest percentage gain.
If all these short posters today did not get out at the close they'll be smoked on Friday.
Is this your bullish/biased opinion or the charts talking? Gotta hand it to you that you predicted the 8's back in October. But not sure it's as bullish now as you thought a week ago. But am hoping for a bounce soon.
Yes Chaz I have my horns on, but the shorts lost today. The dumb-money shorts are manifestly worried about weakening momentum and black friday. But all their rants today were in vain; the price range today was 35 cents, big whoop, and they could not close it under the round-number, $8.
Supply has no doubt dried up, just need demand to come in and Black Friday could be the catalyst to spark a decent upward reaction.
Bought a bunch of shares at 13.70 and then again at 11.90, thought I was geting a bargain. Holding on for dear life right now. I have a theory that helps me get through my day. Management actually knows exactly what they are doing and that lowering the EPA that was all a part of their master plan. It added fuel to the fire for the shorts and they pounced on the "negative" news like always to drive down the stock price. Skullcandys management knows they will have a great quarter and kill the numbers set out, to FINALLY get rid of these shorts and set the stock up for recrod gains!
Sentiment: Hold
OP,
In all fairness, Longs are the only ones who have been smoked on this name :)
I added 10 more june 2013 7's for $1.60. I like my odds with these.
Fess up man, it's okay, we're all friends here, you bot some puts or sold calls didn't you?