It is with deep regret that I must to cover in the low $4.80
As a trader, I rarely hold on to shorts over the weekend. Did it last weekend because it was clear that the trainwreck was in full swing.
And although I am tempted to do it again this weekend, I can not ignore the additional volume today and the nice 10% daily gain JUST for today. I am NOT going long as my ethics and experience prevents me from buying flaming dumpsters. If this was a regular stock, I would actually "back up the truck" here.
I shall return Monday to this toxic dump wearing my full hazmat body suit again. With all the "nice new" stockhouse members showing up on the bullboard, this afternoon I'm thinking there might be a run. After all, one needs to remember that cats have nine lives!!! LOL
Have a good weekend everyone. I will sit on my cash and enjoy the nice gains which the CEO has been so nice in providing to people on the right side of the trade.
I know that the "short and hold" crowd might not understand daytraders but that's ok, the "long and hold" crowd also fall in love with their positions! ;-) LOL