ROOM and EXPE.. these I would still be holding 50% of the short and MOST of the puts. Just look at AMZN/EBAY and even AOL. All good things come to an end. 50 puts for ROOM came well into the money and we got 47.50 already, here we should break to 45.35 by first week in June, but you don't have to wait that long to take profits. Always leave a position short because rallies are going to be sold into...keep stops pretty loose in these two and look to add MORE short at rallies. I'd rather miss some upside in earnings plays, which I did, than miss all this incredible downside in BLIMPS.
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