If you have followed FFIV for the past few years, you never short this stock at the low end of the range! Maybe above $100 but not at these levels. Welcome to the ULTIMATE momentum stock!
amen brother! people looking for the easy money on downward momentum usually get hurt in the end, momentum usually never goes too far in one direction for any good company.
Me! but I covered for a $0.01 gain after the Barrons article and INTC hammering did not drop the sp much and it started firming up.
Should have went long after covering! Either that or wait for earnings before going short again, but that could be in the $90s.