As I have stated in previous watchlists, BroadVision (BVSN) is a great short. Surprisingly, it wasn't until this week that the stock finally broke it's upward trend and began it's long drop back to where it belongs.
While the greatest opportunity to short this stock has already passed, it is certainly still deserving of being watched as it remains $20 above where it traded before being pumped by the National Inflation Association (NIA). Right now the key level to watch is around $29.00 since the only clear support after this level is at $20.00. Hopefully it will bounce allowing for another great short in the future but there is a great chance this will not be the case considering NIA has stopped sending out their emails presumably to avoid incriminating themselves for stock manipulation.
Early this morning though another seeking alpha article was released which mentioned BVSN, calling it a "meaningfully undervalued company." With this news in mind, I wouldn't rush into shorting it too quickly, and instead wait for any intraday spikes if the morning trading doesn't show significant weakness. Also be wary of any further NIA emails as they may attempt to recover the price while it hovers around support of $29.
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