Re: short position prb
in response to
by
posted on
Apr 16, 2011 09:18AM
Below are some guidelines for shorting a stock. Perhaps the fact that we are trading well below our 52 week high and have significant insider trading was motivation for shorting Probe.
I personally believe that 200,000 short will help propel the stock in 1.3 months from now. Borden is sizing up to be a great discovery and Probe now has the funds to drill and expand at a great pace. We have solid backing from some big names looking for big returns on this play. This is a case where we don’t need to follow big money because big money is following us.
trading well below their 52 week -YES
insider selling- YES (Pinetree & Iwentash)
overvalued-NO
heavy dept load-NO
low profits-?
few competative advantages-NO
questionable management-NO