I have been short term swing trading a couple of shorted stocks for a while now, but only recently started looking at this one due to the rediculous % shorted.
This has not had the same predictability as TFS (now QIN) which I have been fixated on for some time and done extremely well on the regular swings of double digit %'s. i must admit I have lost my nerve with QIN over the last week.
This looks as though it may be ready to bounce, bounce like a basketball! The shorts need to re enter soon.
I will see how many thumbs up I get ?
WSA Price at posting:
$2.29 Sentiment: None Disclosure: Not Held