GEMS update

Well GEMS opened up this morning in the premarket and saw its high of $5.83 at 8:09am. And if you look at the chart it slowly fell the rest of the day, closing only .06 cents from its low at $5.36. Now I didn't short because I said I was looking for closer to $6 which for me meant I was looking for $5.95. As I was watching it this morning it stuck around the $5.80 level long enough that a short at or around that price could have been possible (assuming my broker had shares to borrow of course). So hindsight shows this one was easy pickings. But the great thing about this is, even if you miss a good one today.....Cramer is on 5 nights a week :)