I won't be going long this stock after the fall. I will be looking for the next tea party stock to short. It's a lot eaiser to pick a stock that will go down then it is to pick a stock that will go up.
Stops are not for Intraday trading, stops will be important if SOLF goes under $20, there will be a mad rush down to $15-16 and you do not want to miss the party. %90 of non institutional stock holders do not even know what level 2 is or have never used it or will ever need it. Congrats on the short sale good luck on the long side
you said"Level 2, unless you are trading intraday or on serious leverage with a big position do not worry about whats in the Level 2.... have stops in already in your position and sit back and wait on this one. Shorts are gonna squeeze"
Shorts wont squeeze until stop limits are takin outYOU CAN SEE THEM ON LVL 2....I WAS SHORT AT 29. COVERED at 20.7 and went long @ 20.77 ....check the post...trust me...DO NOT USE STOP LOSS...ALSO...THIS IS FORCED SELLING...TOMMORROW IS A DIFFERENT STORY...no more margin calls...
dude I am watching level 2 its selling not buying. It's the big boys dumping. everything is on the ask side. The order you see has been sitting at 21 all day and it finally filled. BAck down from here