GRPN seems a good short today

H

hajimow

Market has almost topped today and almost every stock is rallying. GRPN has failed to do so and is trading at 7.05 now. I believe GRPN is a very good candidate for shorting. It can easily drop to $6.40 and below as it has done before.GRPN is down in an up day, What will happen when the market retreats?
 
I still say GRPN is a short. Since my yesterday's post, GRPN has gone up and that is because the shares are not available to short (temporarily). I don't change my outlook on a stock when it moves a little against me. All things said, I like to trade in perfection that is impossible.
GRPN volume is comparatively low and is very volatile and can easily drop below 7 in half an hour.
 
Don't want to make a new thread for Sprint.
Sprint (S) is trading at $4.52 now. It is a short at this level. Cover price is $4.30
 
GRPN longs should be punished more. From 7.50 in the morning, it has dropped to 6.93 now. Lots of rooms to go down. I am not covering it now.
Don't forget that S is an ultra 100% pure short. It is trading at $4.55. Once in a while S pops up and then it drops to $3 where it belongs.
 
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