February 01, 2010
– Comments (2)
Just did a quick attempt at deciding a reasonable price for this stock, and ended up with $5.00. Less than 1/2 of it's current $11 and change. Sound like a short candidate to you?
Careful about shorting into a rising market.
I always am, but recent IPOs (those that have been public for less than 200 trading days) are usually better short candidates than longs in ANY market. The sooner one learns that the better off one will be.