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Deckers Outdoor Corp. Message Board

  • charliepokoski charliepokoski Sep 24, 2012 6:27 PM Flag

    More shorting (obviously)

    Commencing on Monday Sep 17, there appears to be a coordinated and fierce shorting of many stocks that had been heavily shorted recently. In other words the shorts are coming after the same stocks, protecting their positions, or doubling down. (Just like the longs who keep buying the same stocks)
    Here is a partial list of the targeted stocks... MCP, DECK, CSTR, HPQ, ANR (any coal stock), RIMM, FSLR (anything solar). Not on the list (yet) are NIHD which rallied while these others were falling, some of the education stocks (like APOL and DV) and the occasional big bouncer like CLF which have also resisted the hyper-aggressive selling or aren't on the "kill" list anymore. This is all occurring with SPX near its high (not much selling overall). It wouldn't surprise me to see an assault on FOSL just to get even for the beating the shorts took when FOSL reported earnings last time.
    If the market weakens overall, I'm assuming there will be more punishment for the unloved - basically any stock that was below its 50 day Moving Average in early September.

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