Savvy Trades and Investments

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Thanks Swick on CMT!! Have been checking Ameritrade daily for CMT short shares, without any luck. Even tried this morning before the open. Nope. But I was able to short a bunch today after I saw your alert!

Not sure why a lot of short shares suddenly available, but happy to build a CMT short position here. Especially with the markets turning south today.

No clue why momo traders have chased CMT from the $15's to the $19's the last couple of weeks...when the company is going to struggle for many quarters to come...including one ugly earnings report next month. Think those momo traders are going to regret that soon. CMT tanked to $12 when they reported lousy Q2 results in August. Wouldn't be surprised to see another plunge below $15 when they report a stinky Q3 comp in early November.