Seeking Alpha
  • det9
    Sold short $KORS again at 54.04. No stop today.
    12/24/12
    Reply (6)
    • det9: I put limit order to cover at 53. Lets see if I hit it today.
      12/24/12
    • westcoastinvests: Careful with this concept, you are essentially limiting your upside while leaving an open ended down side, this works against you.
      12/24/12
    • det9: I have been watching the range pretty closely though. Ofcourse, there are always breakouts. And I might get burned. Thanks.
      12/24/12
    • westcoastinvests: Det9, yeah not even looking at KORS, just saying t the goal of trades conceptually should be to limit downside while leaving upside open.
      12/24/12
    • det9: Covered $KORS 52.5
      12/26/12
    • det9: And it drops a lot further. As usual I covered early.
      12/26/12