Has been a nice consistent short from 35.50. For others it has from 36.50. Is in a nice downtrend that appears to be picking up. We will not be able to continue printing all this money just to keep the market up. We are nearing the end of this great bull run that has been made possible for the rich by the rich. Looking for downtrend in the market to pick up.
I agree the great bull run may be coming to an end but its not like this stock particpated in the great bull run so to me it wouldnt be an ideal short compared to all the other bloated P OS stocks out there. There has most certainly been consistent selling each day and appears relentless. Does anyone have any other insight into this? Is this china fears? for a stock that has a low beta it has been moving fairly sharply to the downside with no signs of letting up.