Winning

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Tuesday, December 9, 2014

Dump DLA

Good morning. Looks like the coaster down has begun with the markets like I called...just about a week early. Im on my way out the door right now, but after checking I decided to get out of the short on  DLA:

Delta Apparel Inc. (DLA)

 -NYSE MKT  
10.04 Down 0.18(1.76%) 9:35AM EST - Nasdaq Real Time Price
Prev Close:10.22
Open:10.10
Bid:10.08 x 200
Ask:10.47 x 200
1y Target Est:14.50
Beta:0.25
Earnings Date:Jan 21 - Jan 26 (Est.)
Day's Range:10.04 - 10.04
52wk Range:8.21 - 18.15
Volume:100
Avg Vol (3m):13,944
Market Cap:79.09M
P/E (ttm):N/A
EPS (ttm):-0.12
Div & Yield:N/A (N/A












If you remember several days ago I stated it was a short and yes, we made a bit of money, but DLA is not dropping as hard as I would like especially in light of a slipping market.

Thats all for now: dump the short for a slight profit of about 4-5%. Hey, it might not be a 2 bagger, but instead of you making 4% in a year interest for your bank account, we just did the same thing in a week.

Keep on your toes for the market correction,
Mark

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