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SharePlanner (< 20)

Two Short Positions I'll Be holding Overnight

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September 07, 2011 – Comments (3) | RELATED TICKERS: BKU , VIP

I'm getting a little bearish here on this massive ramp-up into tomorrow night's Job Speech by President Obama. As a result, I've taken on two new short positions in Bank United (BKU) at $23.00 and Vimpel Communications (VIP) at $10.48.

SHORT: VimpelCom (VIP)

SHORT: BankUnited (BKU)

 

3 Comments – Post Your Own

#1) On September 08, 2011 at 12:18 AM, VExplorer (29.63) wrote:

I know nothing about BKU, but I'm waiting to take long side with VIP. Do you have an opinion or just shorting based on analysis of daily chart?

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#2) On September 08, 2011 at 9:48 AM, SharePlanner (< 20) wrote:

Simply based on an analysis of the daily chart. Price pattern is very bearish. 

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#3) On September 08, 2011 at 11:54 AM, VExplorer (29.63) wrote:

Thanks. Probably, I'll wait a little more :)

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