RE:Pro? You covered? What about "shorting to zero"?
Are you following me? You shouldn't follow anyone. I'll explain my reasoning here but it's not to convince you. Read the fundamentals and read the technicals yourself. If you following *anyone* here, you will lose as much money as they do. Or worst LOL
1. This is a flaming dumpster so "shorting to zero" is the mode of operation. But that doesn't mean that I'm not going to take profits and I'm certainly not going to ignore the charts. Yes, this could just be a oversold relief but I don't take chances. At $7 a trade, I've a very active trader - RBC loves me, except when I phone at them and yell or call reps "clueless".
2. I'm mostly on CXR because I admire good short sellers. Guys who do their research and go for the "juggular" on garbage stocks. Need to find some more of these plays... ;-)
Now, did I cover too soon? Most likely but I don't underestimate anyone in these filthy streets.
Again, trade on your own or lose your money.