01-24-2016, 06:11 AM
3) Micron (MU) was at $9.30 at one stage:
That's a solid 20% bounce in just a couple of trading sessions!
But the trend is still donwward, as you can see.
Still, we could have been a bit more aggressive, apart from shorting these VIX July futures, there are plenty of smaller companies that already have been crushed and were always likely to bounce substantially when the selling abated.

