Six reasons shorts should have taken your profits today.
1. Never short a stock with a P/E of 12. 2. Never short a stock with a dividend because shorts have to pay it. 3. Interest rates aren't going any lower, only higher, which makes banks money. 4. Earnings release friday will cost you thousands. 5. Chartists say its going higher. 6. With an interest rate on its dividend of 2.5% its decline will stop when its dividend hits 3.25%. Watch and learn.