Thursday, June 21, 2007

Lindsay Manufacturing, LNN- Holy Short Squeeze Batman!

Well, I sold my last 100 shares of my 400 share long position at 41. The stock is now over 45, so I left a good amount of easy money on the table.

I sold because when the market ripped at 10:00am the stock flatlined. I got skittish and thought he might take a breather because it had such a strong run yesterday. Anyway, almost immediately after I sold it began it's ascent.

That's some run. Really, thanks to "the Fly" for the call. I believe he started buying at 31.50.

I owe that insect a cup of coffee.


TraderCaddy said...

If its Dunkin Doughnuts the Fly usually arrives in disguise.

Dinosaur Trader said...


This complicates things...

Perhaps I will be forced to just click on a bunch of his google ads so he can buy himself a cup of coffee on his own...