Here’s a short that provides you with all the risk and all the reward one could ask for. I think this is a scary setup not knowning what the market’s response will be to the Fed today. While this stock dropped over 11% yesterday, it could nonetheless snap back hard later in the day with any feeling of positive sentiment by investors. I’ll probably monitor it closely throughout the day, and then make a determination at day’s end for whether I want to short this stock and hold it overnight. But like I said, be careful with this one – it has potential award, but also a lot of potential risk associated with it.
Here’s the Morning Short…
