Monday, August 29, 2011

Buy IMAX and Short Idea - FSL

I will be shorting FSL today.  I'm just waiting to see if the market takes off here in the last hour of trading (we should see some movement soon), otherwise I'm getting in before tomorrow.  FSL has not moved much in the surge of the market of the last week....so I'm taking that weakness as a sign to go short.

Just bought into IMAX at 17.80.

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