The Profit-Prowler(tm)

UPDATE on
Industrial Services of America (Ticker: IDSA)

Real-Time IDSA Price: $25.86
Time Now: 15.16 p.m. E.D.T.

Today's short-squeeze above $23 was foreseen
and discussed here earlier this week, and hence
not surprising, in fact expected.

Notice that the squeeze of IDSA higher than
$26.25 failed, with price settling back to the
$25+ area. The bearishness of IDSA has sharply
increased.

A continuation of the current campaign of short-
squeeze in the near future is not impossible, but
unlikely. Should it occur it would simply mean a
second great opportunity to scale-in new short
trades at low-risk, with even greater downside
profit potential. On the other hand, the longs in
IDSA are now vulnerable to sharp price erosions
and assuming very high downside risk.

In summary, a significant short position, with
good amounts of cash held in reserve for the
unlikely event of yet another wave of short-
squeeze would represent both a cautious and
prudent, yet sufficiently proactively bearish,
trading posture.

The potential downside of IDSA is very large,
possibly extreme, based on current analysis.