PBR looks ok for a long attempt. Its put in a nice base, granted need time. Short dated options wont work for a trade like that.
Yeah, wasn't my best trade. It was from my scans from yesterday which I shouldn't have played. Gotta keep it to current (intraday) scans only.
It's still crazy how accurate this thing is. All the stocks it showed this morning in the first 30 minutes to short ...they all closed red today except for one, despite a 200+ point rally. And the one stock that didn't close red (PNC) still tanked in the morning...but rallied back later in the day and wasn't green by much.
SLW, NEM, AUY, JNJ, GG, ZAGG, and BAC ... all those closed red. Tomorrow I'm gonna try to play the earlier stocks that hit, but the problem is that options take a few minutes to fully open.