I see what Ron means. Bear Stearns will not go down without any pops back up. Although the risk is high, this stock is way oversold and the short interest is incredible in Bear. It's already recovered a lot from todays low, so it would have been a good buy early in the day. It might be a risk worth taking if you have extra capital, which you can afford to lose.
1 comment:
Nice trade on Aurizon.
I see what Ron means. Bear Stearns will not go down without any pops back up. Although the risk is high, this stock is way oversold and the short interest is incredible in Bear. It's already recovered a lot from todays low, so it would have been a good buy early in the day. It might be a risk worth taking if you have extra capital, which you can afford to lose.
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