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bajageoff

bajageoff
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  • Worth noting: Short interest on Walter Energy (WLT) rose 13.8% to 17.05M shares through the end of May, to 27.47% of its current float and the largest number of shares sold short in the past year. Before today's move, shares were down nearly 14% and it might be reasonable to speculate that shorts increased positions somewhat over the last two weeks. Shares are still halted, with the stock down 17.4%[View news story]
    I have started following Carolyn Boroden's Fibonacci work. At $35 WLT looked to me like a buy set up. She looked at it and said if anything it was setting up as a sell. Oh how I wish I had acted on that!
    Jun 15 09:10 AM | Likes Like |Link to Comment
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