SHAK about to roll over? Short

Shake Shack, Inc.NYSE

Description

⋅ Jun 2, 2015 11:31 AM

Keeping a close eye on SHAK bearish. Two strong bearish gaps that have been unfilled. On a daily I think we just completed a wave B and are about to roll over into C
Considering July $80 puts

SHAK reallifetrading

Comments

Reallifetrading

⋅ Jun 2, 2015 11:48 AM

Note that apparently SHAK still does not have options available to trade. This might not be shortable... AGAIN. :/

lmsmith

⋅ Jun 2, 2015 12:55 PM

I couldn't get shares a while ago....on the gap down

Reallifetrading

⋅ Jun 2, 2015 3:27 PM

Well, it didn't trigger anyway. But yes - it's very hard to short. Makes sense then, that it's popping if no one can short it. HAHA