Under Armour (UA) 07/24/2012 Alerted: $54 Current low: $51.70 Position: Short Target: $48-51 Success: Yes
I have taken up a short position on UA at $54 and plan on covering around $48-$50; I see a pullback occurring soon.
*Update 11:45 a.m. PST: Under Armour is now at $51.70, that's nearly a 5% difference in 2 hours! Making money sure comes easy sometimes. A great day is ahead of us! - I'm still partially in it, but I got rid of most of my position; I couldn't resist the gains I had already at the $51.70-$51.90 levels.
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