I'm still holding my short position in APOL (Apollo Group, Inc.) I like the price action in the past several days its showing lower lows indicating weakness. If this stock violate the lows of today (Friday) registered at $60.80 we may see APOL to further decline near the $58-59 area that would be my ideal place to take profit. FYI...my BDX sell short order did not trigger.
Friday, May 22, 2009
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