This one is in play. Probably not looking at bankruptcy anymore. Could be a good short scalp if its up off of $3.















TLB made a hammer 3 times out of the last 5 times it bottomed out and ran. A hammer is a bullish candle that has a long shadow where it opens, falls a lot but the buyers rally it off the lows and bring the closing price above the open. Thus it is a green candle.

full disclosure: no position

1 comments

  1. Charlie G. // February 6, 2009 7:52 PM

    How's it going mark? Weird this strength in retail lately.