Why would you short anything in a bull market, the easy money is made on the long side when 90 percent of the stocks are going up, even some bad ones. Save the short days for a bear market and for now, ride the bull up. I just can't see the logic
I actually doubled my puts this morning on the pop. It's hard to get excited about a one cent earnings beat when revenue is slowing dramatically. The PE is still outrageously high, and will continue to be unless they can move the top line, which has stalled. Some poster mentioned them becoming a broad e-commerce player as a cause for optimism, well good luck to joining that competitive mess. The fat margins they enjoy on the deals business go away big time. This is a one trick pony that has seen its best days.