why cut short so short?
CREE has more room to free fall. I tried to short it too, the gap down really a good sign+nice up trend before, that setup is perfect. lots of longs are trapped by the nice trend beforethe gap down.
good short sale candidate. I bought some puts.
drop too slow, my put did not gain much so far.
hope 10% drop today
Quote from NY_HOOD:
I shorted and covered. Made 80 cents on 1000 shares. 800 bucks.