Entry comments: Posting this late! Shorted it a@ 21.40. Now it is @26.87 Almost -$550. It started going up on positive news, and then pre-earnings, and after that it beat the earnings. My timing was wrong. I should have played along the positive momentum. But, I'm waiting for news and 'earning-effect' to slow down and so that the price goes down and I can cut my losses.
Exit comments: Posting this late! Shorted it a@ 21.40. Now it is @26.87 Almost -$550. It started going up on positive news, and then pre-earnings, and after that it beat the earnings. My timing was wrong. I should have played along the positive momentum. But, I'm waiting for news and 'earning-effect' to slow down and so that the price goes down and I can cut my losses.
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