5 replies to this topic

[ChartSmarts]

More pain in store...



Unless....

[hiker]

thanks very much for the timely post. you have any thoughts on CFC?...a move below yesterday low and/or 29.21 to 29.44 on the weekly? or a good solid bounce due here? this would be about as hard as anything to call right now before today's open.

Edited by hiker, 25 July 2007 - 07:59 AM.

[ChartSmarts]

That train looks to have left the station. It'll likely be hard to find stock to short-- I'm thinking increased risk of a squeeze for a gap fill at 30.50.



http://stockcharts.c...2148&r=2851.png

red flag red flag.. or is that a white one?

[hiker]

I had no trouble finding size shorts in CFC early today

[OEXCHAOS]

That's amazing, Hiker. I would have guessed that everyone and their brother in the hedges were short this one. Just goes to show you, never assume you can't do something. Mark

[hiker]

Mark..I have another 90k shares available to me to short right now...but am not saying where...it is not where you and previously conversed couple years ago.