I shorted Och-Ziff Capital Mgmt (OZM) yesterday, and so far it is playing out fairly well. I’ve also added Dynegy (DYN) which is somewhat of a problem so far today, and close to getting stopped out (it happens!) at $5.30. I’m long OZM from $10.21 and DYN from $5.23. Here’s the chart analysis and breakdown of the trades.
SHORT: Dynegy (DYN)
SHORT: Och-Ziff Capital Mgmt (OZM)