InvestorsHub Logo
Followers 32
Posts 3381
Boards Moderated 0
Alias Born 10/20/2005

Re: None

Tuesday, 01/11/2011 2:10:21 PM

Tuesday, January 11, 2011 2:10:21 PM

Post# of 1675
This has been a crazy run. SBAY was in the 5's on 12/23 and earlier today on 1/11 it was in the mid-14's.

I've shorted a few times and obviously my short position is in the red. But, I think the unrelenting northward push will change in the next day or two. I'm amazed that we're still up .50 today (as I speak) because the volume has really dropped off since the first hour of trading. It's almost as if somebody keeps pushing it up with little buys.

I could be way wrong, but I think 15 or today's high of 14.49 is as high as we'll go. I think it will start heading south tomorrow or Thursday. But, as Traderfan mentioned on another board today, SBAY could go to 20....or, it could go to 8. Hard to disagree. I don't think anybody has ever figured out this stock.