Minor League

Minor League investopedia game blog. 25K to invest. Who wants to be a millionaire ?

Friday, August 11, 2006

The movi saga

Movie gallery saga continues. After the 40 million shares that traded hands on the day it shot up from 3 bux to 5, yesterday was the reverse, where 20 million dumped and short sold the stock from >6 bucks to 2.99 where it closed.

I plan to watch it carefully, & short it right now. I see a down side until about $2.50

On another note, I wish I had been a little more patient about covering my shorts for SMSI. I lost money on what could have been a terrific short.

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