chartmojo
Short

SQ LOCKUP EXPIRATION 5 17 CALLED SHORT ON 4/20 UPDATE

NYSE:SQ   SQUARE INC CLASS A
34 1 2
This cool hype runner negative earnings IPO worked out perfect..nice drop into the lockup expiration.. Called it short on 4/20. Today a nice balance of insiders selling and shorts covering kept it fairly neutral. I like these plays 2-3 weeks out like when I called it but there may be more downside. Many play these short from here on out. There are big shares beyond the IPO that may come on the market. I'm keeping my eye on this one. Still difficult to know what the current short interest is.
Here we are down to support...if I was an insider I'de be nervous...I'de..sell...hopefully that little rise was the short covering...timber....! to Hades!!!
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