I’d challenged readers to “short the top’ in this vehicle, and it appears that the chat room’s ‘Crusty Buttocks’ may have come up with a winning trade. Mr. Buttocks’ clearly signaled entry was announced in the chat room last Thursday, a nickel beneath what is looking so far like a short-term top at 65.31. For tracking guidance, I’ll assume an initial position of 400 shares (or a multiple thereof) from 65.26, his price. For further pointers on managing the risks of this trade, tune to ‘c buttocks’ in the chat room. Good luck, Crusty!
