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FireEye On The Short Side

Published 08/07/2014, 12:01 PM
Updated 07/09/2023, 06:31 AM
MNDT
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I’ve read enough bad-mouthing about Fireeye Inc. (NASDAQ:FEYE) on Slope to take an interest in it, so two days ago, I shorted a meaningful amount. I knew earnings were coming up, and I was a little chagrined to see the stock pop up over 2% after hours Tuesday evening. Well, my concerns were unnecessary, as the chart reveals.

We are now in a market where piece-o’crap stocks are actually allowed to keep plunging. (UPDATE: I wrote this post twenty-four hours ago, so it’s even less germane now, but all the same, I like the way this stock looks on the short side).

FireEye

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