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

3 comments:

Chris said...

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

Miller Family 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.