Just to clear thing: I don't ever think Tim ever means, "BE SHORT THIS STOCK AT OPEN", but to be on the lookout for a short position. That being said, Tim has good and bad reasons for this. Where Tim is right: MGT has been up since wednesday, and if you look at the 5 day chart day, it looks over-extended and is almost begging to be shorted. Where Tim is wrong: It has positive news today and he thinks its a short on Friday, the MOST difficult day to short on. Personally, I'm looking to go long o

@Daddycrate . There is really no right or wrong answer my friend, just follow price action. It might be over extended but keep an eye out for squeezes. Have a plan and if it goes against your plan. get out!

A play starts to draw in shorts when it becomes way overextended. The shorts are betting that it has gone too far too quick, and needs to pull back to correct. Shorting it today was too risky for me too in my opinion. Just shorts jumping in too early. Tomorrow we should see some correction

Thanks a lot for you responses. They were very helpful.