TASR Shorts Are Happy Today

February 8, 2005 1:38 PM EST
Never thought I'd say this so soon, but Taser (Nasdaq: TASR) is starting to look like a good buy. After taking a beating since the beginning of the year, today the shares have extended the recent losses as some overly optimistic �TASERITES� just couldn't stomach any further losses or bad news from the company (Today it was disappointing earnings). Taser has been a favorite among the shorts - now we will look to those same shorts to start covering which should place enough artificial support in the market to stabilize the stock. We would be happy with a point or two here on a bounce (currently $14.87).

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