If only you idiot longs would have listened to me a couple hours ago...
I told you that this 10Q would be the issue of the day, even before Diamond announced it. It was trading at $39 in premarket when I announced that. I covered at $31.50 at open. Nice $9 gain from the close on Friday where I piled in my shorts!
Will be looking for a retest of the $27 area to get long.
Technically speaking (an area where none of the longs here know anything about), it should retest the $30.50 premarket low today. That extra $1 though isn't worth me stressing out the whole day about as I made almost $9 on the short after getting in at literally the final seconds on Friday.
Maybe not today, but over the next couple weeks as uncertainty looms it might. I'm happy to take my quick cash as I was also short over the weekend some big banks. Covered everything and will just wait and see. Will be a great Christmas!