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Just Shorted HIBB At $25.17

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July 13, 2010 – Comments (0) | RELATED TICKERS: HIBB

Just shorted Hibbett Sports (HIBB) at $25.17. One that you could have found off of my published watch list (which I will be posting an updated one later today) from last week. Should this stock go in my favor (something that I never assume), I'll be looking to take gains at $22.30. Should the market cooperate, this stock has a lot of downside to it. But please, please, please...if you do short this stock, make sure to use a stop-loss and be cognizant of when earnings are being released.

Here's My Chart Analysis on HIBB

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