I’ll mention one of my shorts – Domino’s Pizza (NYSE:DPZ). Back when I was in college, Domino’s is what you ate when there was absolutely no other choice whatsoever. Even college kids it was the worst pizza in the world. I’m not sure what happened, but DPZ, the stock, went on to create gains of thousands and thousands of percent. The stock was a complete monster. Recently, however, the monster has started to falter.
My entry was at 258.66 and I’ve updated my stop to 255.15. It seems a pretty easy path to at least that supporting horizontal located at 215.