Replies to post #28059 on Savvy Trades and Investments

[hweb2]

CYBE had quite an intraday turnaround. Down in the $25's earlier. Now surging to the $28's. It's an expensive stock, but there's a lot of stocks much more overvalued. I thought the CC commentary was pretty upbeat. Covered most of mine after earnings. Still have a few. Should have covered it all when it dropped to the $22's. Oh well. Think CYBE will be a good short again at some point, but I'm in no rush. They'll have another favorable comp in Q4 and sounds like they may take a tax benefit. Then could be set up for a great short into the Q1 numbers...as they'll have a brutal comp and will be facing taxed earnings vs. untaxed the prior year.