Tuesday, May 22, 2007

Never shortting the leading stock - OMR



OMR found treasures under the sea. Look at the stock price. For the first 30 minutes, the stock go down for almost $1. If we short at the open, then look at the last 30 minutes of the day, then we can get the conclusion that NEVER short the leading stock. The reason? Even if the stock open too high, because it has a good news, there is no much room for it to go down. In other words, the risk is more than the potential profit.

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