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Lone Wolf

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Lone Wolf

Re: girlfriend post# 7931

Saturday, 02/27/2016 12:16:22 PM

Saturday, February 27, 2016 12:16:22 PM

Post# of 36208
Gotta disagree there. When you have so many shorts in a play, you need some form of directional affirmation before you start buying. No doubt the 1's were bottom, but it remained a 'risk on' play at that price. All the shorts needed was a continued dirth of news and they would have taken this below a buck tapping folks and funds alike out.

I love buying off the bottom, but not unless there is an indication of a trend reversal. All about risk-management Girlfried. Institutional shorts are often not fun to play with.
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