Looking over PTs top recommendations, I don't see any shorts. Yet we've been in a bear market since last April and the first tier stocks have gotten more and more overbought. On January 3 CMG hit a new high but closed near the bottom of its range. It's called a hammer. The last 3 times that happened, CMG dropped $40 before reversing. I am not sure of the timing of the next bottom, so I picked the February options expiration. CMG is in a short squeeze. Once the weak shorts cover, CMG will drop. Other negative indicators are piercing the upper Bollinger band, overbought slow stochastics and falling RSI. On Jan 4 Goldman Sucks raised CMG's target price from 390 to 410, causing CMG to open higher. I am sure that one of Goldman's clients was on the sell side of this open. I would do a bear call spread: sell at the money calls which have a $15 time premium and buy DOM ( deep out of the money) calls to minimize spread cost.