Swing Trading Strategies & Stock Picks Since 2003

I wanted to provide an example of a successful short which I closed this morning. I shorted LMIA at about $13, and it fell nearly 70% in a very short amount of time. I closed this position because (a) it had reached meaningful support (b) let's face it, for a short-sale, a nearly 70% plunge is about as good as it gets! The risk/reward simply demands closure.