Looks like, with this gap down today, the bull case for SKUL is getting the kiss of death. The firm might still be a buyout candidate, however. But there is no doubt that the 2011 IPO is underperforming some of its classmates (IPO’s from the same year) which have gotten their acts together, such as Pandora.
I took a starter long in Pandora earlier, inside 12631, looking for a short squeeze higher. I am also close to covering my Home Depot short, deepening how the late-afternoon develops.
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