This post was just published on ZYX Short Sell Change Alert.
SUN is running up because it sold some assets to the Japanese company that owns 7-Eleven for a price higher than its market cap. Momo crowd is excited and aggressively buying the stock. The momo crowd is missing in its analysis the debt level of the company. The stock is trading at $28.75 as of this writing. This is a call to short sell SUN in the short zone is $28.40 to $30.73. Target zone is $23 to $24.88. Stop zone is $31.31 to $31.88. Maximum recommended position size is 35% of the full core positon size.
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