Here is the reason why I shorted this stock.Despite my bias regarding this stock and why I think the future is not so rosy for the crac-berry, I have to take my loss today. My point of view will be validated in time but for now, capital preservation is more important.
Trade Details:
Shorted 1000 shares @ $122.90 on 1/19/2007
Covered 1000 shares @ 125.70 on 1/23/2007 for a loss of $2800. A loss of 2.8%.
No comments:
Post a Comment