14Apr11:47 amEST
I went long X at $25.40 with a protective stop-loss below $24.
Steel stocks are acting well this morning, and X looks ripe to squeeze the many shorts in the float.
More on the steels in a bit.
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“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
