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Sunday, July 26, 2015 8:10:31 PM
But there could also be a case where the stock price would suffer a correction due to being overheated with the recent rise. As people start to lose interest trading it, it will have a trend downwards. Shorts also would love a situation where it is more stagnant, as it makes shareprices more likely to be influenced downwards. This is the main reason why I am holding short.
Plus I just don't think that it can double again short term, so I'm holding my short position as of now. I would keep an eye out for pre-market though.
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