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Tuesday Morning Corporation Message Board

  • smaycs4 smaycs4 Aug 26, 2013 4:11 PM Flag

    Shorts were right, I was wrong

    Just peeled off another 16% of my position at $13.61. Might just be the pause that refreshes but weaker volume and negative price action of the last few trading days caused me to take more profits.

    Cost basis= $2.12

    Im not great at math, but isnt 640% about 6 times more than shorts can make in their best case scenario that TUES goes belly up ? And TUES is not going belly up.

    Now Im left with "expensive" shares that cost me $3.56-4.06.

    Wonder where all these johnny come lately shorts were for TUES big upside ?

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TUES
5.80-0.15(-2.52%)Sep 23 4:00 PMEDT