Just a short note for those interested.
I've been short this stock for a week or so. There has been heavy insider selling for the last few months.
http://finance.yahoo.com/q/it?s=SAPE
After about a 10% drop over the past week, it "ought" to be rallying today, but is now trading exactly on its 52 week lows.
http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined
Anyhow, it may make for an interesting short, since if it doesn't hold today, there's no support below.
Best wishes,
DH
I've been short this stock for a week or so. There has been heavy insider selling for the last few months.
http://finance.yahoo.com/q/it?s=SAPE
After about a 10% drop over the past week, it "ought" to be rallying today, but is now trading exactly on its 52 week lows.
http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined
Anyhow, it may make for an interesting short, since if it doesn't hold today, there's no support below.
Best wishes,
DH