A couple of months ago, the entire software-as-a-service (SAAS) space got blown to smithereens. Subsequently to that wipeout, it has put on a tremendous comeback, yielding very large percentage returns (since it was crawling out of such depths). I’ve taken advantage of this strength by shorting the two items below, which are quite close to major price gaps.
There are other candidates in this space, but I’m holding off since there is so much room between present price levels and their own price gaps.
