nottheSEC (72.77)

8 Comments – Post Your Own

#1) On June 04, 2009 at 1:59 PM, nottheSEC (72.77) wrote:

Short this rocket. Eventually it will run out of cash

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#2) On June 04, 2009 at 2:13 PM, bridgeboy0 (99.97) wrote:

Sports Chalet... We'll take you to the limit.

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#3) On June 04, 2009 at 2:27 PM, JakilaTheHun (99.93) wrote:

I tend to be the contrarian on some of these things, but I had warned that it was a dangerous short target.  Sure --- the financials are ugly and their future prospects don't look great, but there could be enough value in their assets to attract interest from large, outside buyers. 

I don't see any news stories on why it's up so much, though, so I don't know if that is indeed happening or not.  I'd be more tempted to red thumb it at $3+, but I wouldn't do it before I knew why the thing has rocketed upwards today.

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#4) On June 04, 2009 at 2:43 PM, JakilaTheHun (99.93) wrote:

My exact words on TastyLunch's red thumb pitch:

"I'm tempted to red thumb this, as well, but I'm afraid it could go up to $3 - $4 based on a potential takeover. Not sure how much money it could fetch, though, or who would want to buy (as you suggest). I'm not sure if a comparison to Circuit City is completely apt because they were a much larger franchise and electronic merchandise inventories would lose value much more quickly than sports equipment mechandise inventories."

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#5) On June 04, 2009 at 2:50 PM, nottheSEC (72.77) wrote:

Read the 99+ score shorts on SPCHB.The only possible reason is a far-feched rumor that Dick's is looking at it.Otherwise they are couting on Bank of America to continually re-work their loans Too many swings intraday with this stock for it to be logical.

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#6) On June 04, 2009 at 2:54 PM, AdirondackFund (27.68) wrote:

I shorted it at 3.14 in caps and in real life.  I have already covered in real life, but with caps I have to wait a week.  Great system they got here. 

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#7) On June 04, 2009 at 3:01 PM, JakilaTheHun (99.93) wrote:

NottheSEC,

I have a 99+ score.  I read my own short.  It just said:

"I'm afraid [SPCHB] could go up to $3 - $4 based on a potential takeover ... a comparison to Circuit City is [not] completely apt because [Circuit City was a] much larger franchise and electronic merchandise inventories would lose value much more quickly than sports equipment merchandise inventories."

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#8) On June 04, 2009 at 3:20 PM, nottheSEC (72.77) wrote:

JakilaTheHun   I give you your due or props I also see why you were cautious  its complicated  and not a usual ob scam.  Im saying Tasty and TSIF and other "99's"  pciked it . I did my DD and cocurred. I am wondering what's the catalyst 

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