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Red Hat, Inc. Message Board

  • johnny_bdog johnny_bdog Mar 24, 2011 11:39 AM Flag

    Bogus Jump - SBUX Example...

    I suspect there is a great deal of shortselling at these levels...not sure who the buying fools are...but it reminds me of Starbucks big jump on the Green Mountain news - from 34 - 38 on huge volume...and then over the next few days 80% of the gains were lost.

    Short at these levels is money in the bank down to $45 in a couple of days...

    And for those with patience down to $40 or so...

    These bubbles are hard to pop but I don't think investor psychology is going to return to the 2010 levels...

    Take your profits...

    Better yet, short it...

 
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