Zeev, how do "snorters" lose their "snort," if you know what I mean? Do they drop suddenly after hitting a top, or do they gradually lose their steam?
I'm looking for a good short re-entry into BRCM. Tried shorting BRCM starting last Thursday at 16.7, but today's action scared me out at 17.19. Tight stop, as you advised, but I also don't like being whipsawed.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.