Monday, September 10, 2007

Covered FED Swing Short, Short LAZ

Taking "the Fly's" recommendation, I short some LAZ today at $38.30. It's showing some good downside volume today.



Meanwhile, I've made a quick point in my FED short. I'm going to cover due to the large short interest (almost 60%).

In fact, next time we get a good bounce, I think FED will be a great stock to own for the short squeeze alone.

2 comments:

Dinosaur Trader said...

qqq,

What? You work for LAZ or something?

Take it easy,

-DT

tapeworm said...

qqqqtraderboy: why don't u just join the VO, and post your results?