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Sears Holdings Corporation Message Board

  • tkbk38 tkbk38 Sep 27, 2012 7:09 PM Flag

    I shorted the close heavy today

    Heavy for me anyway. 1000 shares margined to the hilt. Why? I'm glad you asked.

    Y.O.Y. negative earnings....check

    Y.O.Y. negative revenue growth......check

    Huge short position(almost40%)......check

    High Beta.......check

    lots of debt....check

    losing money........check

    overbought on the hourly.......check

    created awesome bear flag on the hourly......check

    Plus always in the news about this guy or that fund investing, the oldest ploy in the book to get sheeple in.

    Not looking for the long haul, just the usual quick downdraft....if some how it pops over 60 I'll double down and short another 1000 shares.

    I'll be out by next friday and the price will be sub-50. This sucka gonna tank.....in fact the whole market gonna tank tomorrow.

    Sentiment: Strong Sell

 
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