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Yeah SGMA short worked out great. I

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hweb2 Member Level  Wednesday, 09/11/19 12:43:23 AM
Re: researcher59 post# 64603
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Yeah SGMA short worked out great. I covered the last of my shares recently (too early). Not sure which way it goes after earnings in a few days. I'd guess another leg down after they report a Q1 loss. But looks less attractive now on the short side in the high $3's than it was in the high $4's. They've got a strong backlog, a low float, and a beatable comp in a broader market that's been heating up the past couple weeks...so didn't want to take the chance of SGMA catching fire on a surprise profit.

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