Latest Biotech crap mover. Hmm, short at open at around 6 and watch it give back 50% in gains?
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Dyax
- Thread starter pumpanddumper
- Start date
Dont short this
50% move is very strong
50% move is very strong
Quote from stock_trad3r:
Dont short this
50% move is very strong
Too late...I did at 6.32...freaked out as it went to like 6.90, then went down to about 6.18 where I covered. Not a very big gain but not a loss.
I'm done with it unless I see it go up to like 6.50, then maybe short again, but sure as hell don't want to go into the weekend with it.
I'm pretty pissed about FMT. I secretely bought a few days ago at like 6.39...dumped yesterday at even money, now its at 7...my timing sucks! I had too much action in it to begin with.