It's better to be lucky than smart. But it's even better to be both.
GRPN down 15% today, and off 18% since initiating a short yesterday. This much movement warrants the need to start thinking about exiting. I need to find out when the next earnings announcement is. Any good news, especially news that is specifically planned to be part of their first earnings call is likely to trigger a short squeeze. Be careful out there!
MONKEY BUSINESS
Holding: AGQ ($79.85, $63.16, $54.10), UGL @ $91.00, AVL($2.72), NFLX ($74.70)
Short: GRPN ($24.51)
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