Oh, I've been watching all week & awaiting my entry point. CUTR has exceeded the previous high set on 11/14 & is headed up towards the 40 to 41 area... when I see enough of the indicators converge at the top, I'll be there to short it. Looking for an evening star, a hanging man, a strong portend of things to come.
My view of this stock is unchanged as well as my plan to short every buck up and cover at 32.50. We'll see who has the last laugh. You may get out on time, but you are constantly pressing your luck. Being short cutr/long elos is as certain to be profitable as already having money in the bank, under two conditions: have patience for a couple of months max (how long NGS spent as IBD #1?) and have patience not to overshort you resources. I am personally safe up till $50 per share.