forever_green

USAC Has More Downside to Give

Short
NYSE:USAC   USA Compression Partners, LP
*not investment advice*

The short position I entered at the end of last week played out nicely. current volume and price action is (I believe) caused by the closing of short positions and the equity has further sell-off before we reach it's bottom. I'm looking at a bottom near or around the mid-low $15. Anything below that and I'd consider a strong buy.

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