We’re cutting loose the trade on DISH. The action is just not supporting the down ward trend with the appearance of a short squeeze underway. The original stop loss of $34.25 is still probably OK, but we want to end this one now. We may kick ourselves later when it pulls back and continues down ward. But watching the tape we want to cut our tie with DISH. We closed at $33.91
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More on this topic
(What's this?)
Ditched the Dish
(My Trader's Journal, 10/17/07)
AT&T (T) Wants to Buy Echostar (DISH)
(My Trader's Journal, 9/27/07)
DISH Put Ratio Spread
(, 5/18/10)
