Singing Machine Company Inc (MICS)

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Well you're sitting pretty either way. You've still got some shares if this crazy momo run continues. And you locked in huge profits on a portion of your shares if it falls back to $3-$4.

MICS hit a low of $3.01 on Wednesday. Up over 100% in 2 days. On no news. While the broader markets have made a sharp turn lower. I don't get who would be chasing this over $6. But I thought the same thing this morning at $5.

Hopefully some short shares become available before earnings at the end of this month...because I'm guessing the stock gets a harsh reality check when they report a big Q4 loss on anemic revenues.