Dan Amoss of strategic short report is recommending RJF as a short at around $20. Hes a very good analyst. With the financial sector shrinking, and commercial real estate tanking, I dont see how RJF sustains a share price at this level. $10 by this summer, I say.
covered at $18.89 yesterday. looking to short again at $20+.
atta boy. short at opportune times, not when its at 14 and the DOW is at 6700 like our good friend laughter stock did. futures are looking pretty negative right now with the SP down over 8. any reason for that? not short this stock, but holding on to my CAKE, and CPKI restaurant shorts.