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