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Once they miss the filing deadline on monday, there might be a nice fear drop.Short float is probably greatly reduced, so the chance of a gap up is limited. Will probably move calmly with the market.For sure it was oversold, but now it is overbought by at least $5.A good short scalp from here.
Can you read the attached chart:http://finance.yahoo.com/q/ta?s=DMND&t=1y&l=on&z=l&q=l&p=&a=r14%2Cw14&c=Do you still believe is it overbought by $5.00?You need to learn a lot about the markets before just giving your baseless opinion.
OOOPS... I must have misread your chart! Are you available for trading lessons?