Although I continue to be preoccupied with some programming issues on the site, I have noticed at least two recently posted short trades that moved up very sharply in the last day or so. QIHU is trading about 3% above last Tuesday’s high of 81.94 with the suggested stop on that trade as being “somewhat above” that level. My “somewhat”, based on the downside potential of this trade is right about that 3% level and as such, QIHU will be considered stopped out and completed on any close today (or intraday move after today) above the 85 level.
HIMX also had a very strong gain yesterday and today and although I have not had a chance to follow up with the suggested stops, this one has far surpassed any reasonable stop levels at this point and will be moved to the completed trades category.