potential short plays: SPRD, HRBN

[mikeenday]

wait for the first day that it drops 15%, then starts to short.

 

[mikeenday]

shorted both: HRBN @ 20.8 and SPRD @21.1. Stop put at 22.

Quote from mikeenday:

wait for the first day that it drops 15%, then starts to short.

 

[iceman1]

Quote from mikeenday:

shorted both: HRBN @ 20.8 and SPRD @21.1. Stop put at 22.

we just had markets almost crash- lol; yet neither of these went down much ! Is something wrong with that picture? sure doesn't quack like a short, so far seems like a waste of capital when on a day like today and yesterday said picks do not budge much lower!!!!!!!!!

what is your downside? bon chance

 

[mikeenday]

downside is not defined. Might be low 10s.

you should hear sound of crack from them now.

Quote from iceman1:

we just had markets almost crash- lol; yet neither of these went down much ! Is something wrong with that picture? sure doesn't quack like a short, so far seems like a waste of capital when on a day like today and yesterday said picks do not budge much lower!!!!!!!!!

what is your downside? bon chance

 

[failed_trad3r]

Interesting. I am watching these same plays, but I'm skeptical.

 

[mikeenday]

added some more short on SPRD @19, stop @21

Quote from mikeenday:

shorted both: HRBN @ 20.8 and SPRD @21.1. Stop put at 22.

 

[mikeenday]

now is the time to do nothing.

Quote from mikeenday:

shorted both: HRBN @ 20.8 and SPRD @21.1. Stop put at 22.