iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

LM: Short @ 39.75

Legg Mason, Inc. [[LM]]

Hat tip: Fly

Note: I also like his short [[FED]] play.

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8 comments

  1. CPATrader

    Hi RC,

    may I ask what you see that makes LM a good short?

    Thanks!

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  2. RaginCajun

    on FRE share price, LM owns 12% of FRE.

    Plus, I needed some more downside protection.

    below 39, it’s golden.

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  3. RaginCajun

    Look @ ENER & STP go!

    A thing of beauty.

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  4. Small Titi

    OK, I’m in LM. Short 38.93.

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  5. Matt

    Rage i grabbed ENER this morning with you. Impressive action!

    anyone like WEL?

    chances of a BTFO multi year high over 2.99 look to be setting up.

    Volume has been monster this summer.

    52wk high 2.77

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  6. RaginCajun

    I’ve been following WEL, looks good to me.

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  7. Matt

    in
    ENER size
    ALTH size
    THOR size
    AAPL size
    AVAV size
    VOLC
    WWE
    SMCI
    WEL
    PKD
    HOKU
    ICAD

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  8. Employee8

    With you on PKD …. looking at UDRL too, thin but little downside and nice cup bottom with good upside.

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