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#1
05-23-2007, 09:56 AM
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Out of my CAG position
Covered my short of CAG, I shorted it at 24.40, and covered 5,000 shares at 25.45, for a loss of 1.05 and a loss of $5,250
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Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 
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#2
05-23-2007, 03:01 PM
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Whodi, I've got 300 sh CAG shorted at 25.31. Keep waiting for the fall but it's stuck. What do you think? Wait it out or sell off on a downswing toward my pricepoint?
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#3
05-23-2007, 03:25 PM
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Whats up goods, to be honest, the stock broke out and hasn't turned back since, I got out because I did not like the action in it, you would think it is ready for a pullback, it is still oversold in my opinion but I just cut my losses. If you want, put a stoploss in but I just looked on yahoo finance and they just raised there guidance, not good for a short. Probably time to cut losses like I did today.
http://yahoo.reuters.com/news/articl...mktNews&rpc=44 http://finance.yahoo.com/q?s=CAG
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Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 Last edited by whodi; 05-23-2007 at 03:29 PM.
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