i'm no trader alan .. but even i can trade the clearly visible patterns the shorts in zagg have created over the past many months
i use gtc's .. and am in no rush .. i set them and if they hit .. adjust accordingly
ie sell 500 shares @ X .. buy 500 + <ranges based on pps> at a pps of 1.50 to 2.00 bucks lower <channel> then turn around and reset them for sale after settlement <using the same 500 with the extras *scooped* added to my core>
it's worked like a charm for me since the 10 dollar range
== shorts are upside down
and that is why they have the *mini bear raids* done daily and the *bear raids now done weekly*
today's channel is currently 14.66 to 16.00 volume is currently 1.991M ~ and pps is now 15.11
== 4kids all jmo
10/5/07 -- there are no coincidences here ... oh and like many other longs .. not selling at this level --