DIVX presented one of the best opportunities for a quick short that I've seen in a while. After watching it sit on its 50 sma, I recommended shorting it right when it broke down below the moving average. Well, yesterday it did break below and today it continued downward once again. Now that it is down a little over a buck since the entry point, I think you should cover your short at around 14.30 and take the gain. A quick 7% gain in this whippy market should be taken off the table as quickly as possible.
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