Short CMI after hours

CEO of CMI said sales could drop as much as 50% in 2007. I believe this one will drop atleast 5 points. I got stopped out of GOOG for a loss.

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2 comments

1 thierry { 02.17.07 at 8:55 pm }

hello
i do know how to call you ????? a name would be nicer than mr bullrally …..
anyway , i like your site
being knew in the game , i would like to ask you why you placed a short sale after hour ????
why not in day time ????
where would you put your stop loss on cmi
how do you explain that the stock on friday was up $1.00 is it short covering ???is it because of expiration day ???( this i do not know exactly what it means ) is it people wanting to own the stock before the last day for the next dividend ????
at what price did you short ?????
ok i know it is a lot of question ????
good site , i like it
thierry

2 Mr. Bullrally { 02.20.07 at 5:36 am }

I placed the trade after hours cause the news had just come out. I will sell for a lost if it goes above 146.

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