TARR

[nullzero]

TARR- "Tarragon Corporation operates as a real estate homebuilder and developer in the United States. The company operates through two divisions, Homebuilding and Investment. The Homebuilding division develops, renovates, builds, and markets high and mid-rise condominiums, condominium and hometown conversions, townhomes, traditional new developments, low-rise condominiums, and low and midrise rental apartment communities in urban locations and communities."

Shares Short 2,019,128  
Days to Cover (Short Ratio) 17.1  
Short % of Float 16.18 %
Shares Short - Prior 1,739,318  
Short % Increase / Decrease 16.09 %
Squeeze Ranking™ -137  

TARR is in a bearish sector... HOME BUILDERS   To make it worse TARR just POSTPONED second quarter EARNINGS and Conference call today . Finacial problems for this small cap company? I think so.... Possible bankrupt play? Maybe  

http://biz.yahoo.com/prnews/060809/nyw074.html?.v=65

Also another bit of news... Condo sales are doing horrible across the nation!

http://biz.yahoo.com/ap/060730/condos_on_hold.html?.v=6

[nullzero]

I just shorted 399 shares lol its all scottrade had left to short.

[Terliso]

Hey Terliso what you think of TARR today? Im targeting small to medium size home builders on shorting now.

Looks good null

--- Created a Top Head & shoulders pattern --- around $6 bucks in play
--- also broke the 200sma & 200ema (weekly scale) this indicates the stocks will go down further in the medium term.

good luck!!

[nullzero]

You going to play TARR? Im going to try to see if I can short more hehe. I tried shorting 1000 shares today and could only get 400 from scottrade...

[Terliso]

I don't know null, I'm heavily short right now... I have to free some of holdings first

[Terliso]

R u still in on AAPL look like ready to close the GAP?

[nullzero]

YEAP STILL IN AAPL short .

[nullzero]

TARR looking really bearish going to try tomorrow to see if there is anymore shares to short on this. 

[nullzero]

Scottrade had 460 left to short today, I them an shorted at 10.00, TARR now trading below 10  .

[nullzero]

TARR continues the trend down  .

[nullzero]

Finished shorting my position today shorted the last portion at 9.70. Now fully positioned in on TARR at 10.06 avg. TARR currently down another -3% today  , I cant see any reason to cover now  . TARR will probably drift lower by the day the longer they delay their earnings.

[nullzero]

Here is a chart of TARR... man it doesnt look good for the bulls  .

[nullzero]

I covered my TARR position last week around 9.50s for a nice gain. I was just scanning through my previous shorts I closed position in TARR and noticed that TARR has had a nice big rebound. This was after they released earnings, the earnings suprising showed modest gains and profit. Im now looking for a possible new entry on the short side, I will post some charts later and look more into TARR shorting again.

[nullzero]

Keep TARR under the radar for a short. If it passes 10.50 I would definately take a look at shorting it. 10.60-11.00s would make a great short entry with a cover target in the 9.00s.

[Ares]

Would 3.37 be a reasonable long entry?