Tuesday, March 07, 2006

Give Yourself a HANS

This one's out of gas, folks.

Up 5,500% over the past few years. I'd short it here with a stop at $104.80

4 comments:

Jeff said...

Tim,

Thx for your response about the options. AAPL and ADSK are doing great, and I have no clue what the heck some of your commentators are talking about.

I took on the HANS short today, and I was curious what you thought about the earnings report coming out on the 9th. Do you plan to sell beforehand? Or do you plan to hold through this major risk event?

Jeff

Christopher said...

So your suggesting a possible double top? Should we wait for earnings before taking a stake?

Robert said...

Tim,

I like the trade, and even tried to execute it, but there was no shares available to short at my brokerage...

Robert

Kapil Khanna said...

Today, HANS hit an all time high of 126.38. Just curious, signs of weakness did you see in this one?
Why did you short it with a stop loss of 104.80, but not the opposite? In other words buy at at 104.80 with a reasonable stop downwards? Cause crossing 104.80 meant strength and was in the direction of the uptrend.