I shorted some HIBB after-hours at $12.45. It closed at $15.96 so it was down almost 25% already. Why on earth would I chase it? for a few reasons:
1. They cut their fourth quarter forecast to 20-26c from 36-44c
2. They cut their comp sales forecast from up mid-single digits to down mid-single digits
3. Companies that [...]

I’m posting this article that I had begun writing at the end of December while I was out of the country. After what the market has done recently, SNDK is a full 20% lower in stock price but I think that some of the comments I made are still relevant so I am posting my [...]