locogmac > Trade Notes

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Member since: Sep 06

Sold Short 100 shares of CIEN at 27.00

Users Bought (30 Days) 5 (100%)
Users Sold (30 Days) 0 (0%)
Market Cap 726.98M
52-Week High 35.82
52-Week Low 5.07
10 Day Volume 4.00M
P/E 19.89
EPS (Trailing 12 Mos.) 0.42
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Sold Short
Symbol: CIEN
Quantity: Not Shared
Price: $27.00
Value: $Not Shared.
Stop Order: No @ $N/A
Target Price: $25.00
My cousin mentioned this company last Friday. I have no idea what they do, but they apparently reported ok earnings and so they rose last Friday. Decided to short it as it also was hanging at its 50dma. I'm really just looking for stocks at/around its 50dma that look like its about to fall through. I believe if it hasn't happened yet, it will; all stocks will break its 50dma, and most will also break there 200.
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Posted by locogmac on 03/10/08 at 09:10 AM

Tag It | 1 user tagged it: CIEN, stock, short

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Member since: Feb 08

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Locogman,

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