BAL - Chart, page-919

Watching intraday trade and shorts understandably makes us sick.

But I tend to agree that right now it may be better to have intraday shorts. They wrap up their sh* by the end of the day, so they won't be a problem for the next day (at least in the morning ). The only problem is you think watching stock going up should be a joy. Well, unfortunately with BAL both upward and downward movements are a pain to watch.

Today's trade was very much similar to yesterday. Pump it high, short, buy back low the same the day (a.k.a same-day express sh* wrapping service). I suspect we can see a similar pattern going forward.

If we manage to decisively clear 50 EMA (around $10.70-10.80 range), we can be optimistic to have a ride towards $12. Dream scenario is to hear positive SAMR news when the stock is already pumped.