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BDCO - BDCO shares available to short

04/08/2011 11:05 AM by avoidthegarbage

Broker finally had a few shares to short this AM so I stepped in at $8.44. IMO be a bit careful though since this is a low floater and has had tremendous volume of late.

Geez the PUDA short is like candy from a baby. I covered 1/3 of position already, let the other 2/3 wait for the possible halt...

If all that info is true (the Geoinvesting piece), it shows just how bad and sloppy PIPE investors can be.

Rating:
5

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  • 04/08/2011 11:55 AM by Dave Pinsen

    Nice work on the PUDA short.

    Just put in a limit order to piggyback on your BDCO short.

    Rating:
    4
  • 04/08/2011 02:39 PM by avoidthegarbage

    Hope you were able to get a few around $8.5.

    My short positions are small, I don't do a lot of shorting so am in the 'start small and see how it goes' phase :)

    Rating:
    4
  • 04/08/2011 06:19 PM by Dave Pinsen

    I was a little greedy and set the limit for $8.61. Didn't get it. May give it another try next week.

    Starting small is a good idea with shorting.

    Rating:
    3
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