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Strata Skin Sciences, Inc. Message Board

  • dwoods4q dwoods4q Apr 26, 2013 4:05 PM Flag

    Smart short positioning

    I wrote awhile back about the risk/reward position regarding MELA stock. Perhaps we are seeing smart short players locking in profits, reducing margin expenses, etc. and reestablishing modified positions. If I was one of the fortunate ones who shorted MELA at $4-$5 I would be locking in some profits [ if my position was short vs long, a lot of $$$$ ]. The risk is $1 down [ bankruptcy, 2-5 years out ] vs $2-$3 upside short term [ 1-3 months ]. More importantly IMO why risk a short squeezze when you are up so much. The short position has been large % wise for the past year or so when the pps was over $4 [ a lot of unrealized gains ]. The traders now have a much smaller window of opportunity on the short side than in the past, expect a lot of short term churning volume wise, IMO.

    On the fundamental side nothing has changed, product, management, proforma, sales and revenue projections, etc. etc I do not expect anything above or beyond what management has projected for the next quarter or two. IMO that should be enough to get the pps to the $2-$4 range in the next couple of quarters or months if management can get it together [' I had a dream' ]. The technical side is what is in play at this time,IMO.

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    • rodentologist@bellsouth.net rodentologist Apr 26, 2013 4:37 PM Flag

      "On the fundamental side nothing has changed, product, management, proforma, sales and revenue projections, etc. etc I do not expect anything above or beyond what management has projected for the next quarter or two"

      Idiot, management in the past has told you dumb losers things that turned out to be absurdly bogus. So what effect does that have on you--you *trust* management.

      You DESERVE to lose all your money.

 
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