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Ripit
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  • Cover US steel 2 comments
    Apr 19, 2010 8:37 PM | about stocks: X, STLD
    On April 7th I wrote that it may be a good time to short X. It worked out pretty well. X is at some short term support. I took some off today and will see what happens here. If we bounce I will make the call if I want to stay short the remainder or just take the profit.
    Themes: short cover Stocks: X, STLD
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    I would cover about now, this stock, even if it has bad earnings is way oversold and poised for a pop back to the mid sixties (or thereabouts, 70...who knows, but I would say 66 bucks.)
    19 Apr 2010, 11:59 PM Reply Like
  •  
    It went to 42
    13 Jun 2010, 03:35 PM Reply Like
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