In a recession who the hell is going to be spending money on books?
Whatever. The fundamental analysis is totally inconsequential to me. What I see here is a ton of support just below where this issue is currently trading. I'm anticipating a breakdown. Along those lines I just doubled my short position (one which is already nicely profitable).
To be clear, should support hold I'll be long gone. In the meantime I'm willing to risk the profits I already have on an idea I've been waiting a long time to develop.
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